Starbucks reported Q3 FY 2016 earnings of $0.49 per share (versus $0.42 in Q3 FY 2015), in-line with analysts’ consensus estimate.
The company’s quarterly revenues amounted to $5.238 bln (+7.3% y/y), missing analysts’ consensus estimate of $5.337 bln.
SBUX fell to $56.12 (-2.57%) in pre-market trading.
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