Starbucks Corp. (SBUX) reported first quarter net income of $0.57 per share after the bell Thursday, up from $0.50 per share in the prior year. The consensus estimate was for EPS of $0.57. Revenues grew 11 percent to $3.80 billion from $3.44 billion last year. Analysts estimated revenues of $3.84 billion for the quarter.
Starbucks continues to expect full year 2013 earnings of $2.06 to $2.15 per share on revenue growth of 10 to 13 percent. The consensus estimate is for EPS of $2.16. The stock is now up 0.20 on 1.1 million shares.
Starbucks gapped up slightly Thursday, but was range-bound throughout the session. The stock closed higher by 0.11 at $54.57.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.