Starbucks Q4 revenue, sales miss estimates but loyalty program use soars

Starbucks (SBUX) posted fiscal fourth-quarter earnings results that mostly missed Wall Street estimates, but the coffee giant reported a spike in active Starbucks reward members as the fast food industry leans into digital in an effort to boost sales and drive customer loyalty.

Here’s what the Seattle-based company reported, compared to Wall Street estimates, according to a Bloomberg consensus estimates:

  • Revenue: $8.1 billion versus $8.22 billion expected

  • Adj. earnings per share (EPS): $1.00…


Source link

About search

Check Also

Seven killed in Ukrainian missile strike on Russian apartment block – Yahoo! Voices

Seven killed in Ukrainian missile strike on Russian apartment block – Yahoo! Voices

[unable to retrieve full-text content]Seven killed in Ukrainian missile strike on Russian apartment block  Yahoo! Voices …

Leave a Reply

Your email address will not be published. Required fields are marked *