From Starbucks' (SBUX) FQ3 conference call: After earlier sending execs to the "problem spot" of...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

From Starbucks' (SBUX) FQ3 conference call: After earlier sending execs to the "problem spot" of Western Europe, it will close unprofitable stores on the continent over the rest of the year. Despite an EPS miss, CEO Howard Schultz would take Q3's comp-store growth (7% U.S.; 6% global) "any quarter over the 41-year history of the company." Lower Q4 numbers are a "very conservative approach" but execs believe strongly in 15-20% growth guidance for 2013, with expectations to benefit from lower commodity costs. Shares now -10.3% AH. (earnings; call transcript)