Starbucks (SBUX): FQ3 EPS of $0.24 beats by $0.05. Revenue of $2.4B (-6%) in-line. Operating...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor
Starbucks (SBUX): FQ3 EPS of $0.24 beats by $0.05. Revenue of $2.4B (-6%) in-line. Operating margin of 10.6% vs. 6.9% in 2008. Delivered $175M in cost savings, exceeding its FQ3 target of $150M. Comps fell 5% vs. an 8% decline in FQ2. Shares +8.7% AH. (PR)