Starbucks reported Q1 FY 2017 earnings of $0.52 per share (versus $0.46 in Q1 FY 2016), in-line with analysts’ consensus estimate.
The company’s quarterly revenues amounted to $5.733 bln (+6.7% y/y), missing analysts’ consensus estimate of $5.851 bln.
SBUX fell to $55.70 (-4.72%) in pre-market trading.
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