Starbucks announced that it earns on Thursday night's expectations in the second quarter of its fiscal year 2019, raising its annual profit forecast. For example, the American coffee chain posted a net profit of $ 663.2 million during this period, or 53 cents per share, compared with $ 660.1 million or 47 cents a share, a year earlier. In adjusted data, earnings per share was 60 cents per share, which exceeds the Consensus FactSet (56 cents).
On the other hand, turnover amounted to $ 6.31 billion in the second quarter of fiscal year (+ 4.5%) and a consensus of 6.32 billion dollars.
Based on its performance, Starbucks now expects adjusted earnings per share from $ 2.75 to $ 2.79 per year, compared to the previous range from 2.68 to 2.73 dollars.
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