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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.