On Friday, Shares of Starbucks Corporation (NASDAQ:SBUX), surged 1.29% to $57.29, hitting its highest level.
Starbucks Corporation stated financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 28, 2015. Q3 FY15 GAAP results comprise Starbucks Japan acquisition-related items, which are excluded from the non-GAAP results.
Q3 Fiscal 2015 Highlights:
- Global comparable store sales raised 7%, driven by a 4% enhance in traffic
- Americas comp sales raised 8%, driven by a 4% enhance in traffic
- China/Asia Pacific comp sales raised 11%, driven by a 10% enhance in traffic
- EMEA comp sales raised 3%, driven by a 2% enhance in traffic
- Merged net revenues raised 18% over Q3 FY14 to a quarterly record $4.9 billion
- Merged operating income up 22% to $938.6 million
- Non-GAAP operating income up 24% to $950.1 million
- Merged operating margin expanded 70 basis points to 19.2%
- Non-GAAP operating margin raised 100 basis points to 19.5%
- GAAP earnings raised 21% over Q3 FY14 to $0.41 per share
- Non-GAAP earnings raised 24% over Q3 FY14 to $0.42 per share
- Starbucks Mobile Order & Pay expanded to over 4,000 U.S. company-operated stores in Q3; full deployment to all U.S. company-operated stores by holiday
- 431 net new stores opened in the quarter; total store count reaches 22,519
- Year over year comparable store customer transactions raised nearly 18 million in the U.S. and over 23 million globally.
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development.
Shares of McDonald’s Corp. (NYSE:MCD), declined -1.02% to $96.10, during its last trading session.
McDonald’s Corporation declared results for the second quarter ended June 30, 2015.
Second quarter results comprised of:
- Global comparable sales decrease of 0.7%, reflecting negative guest traffic in all major segments
- Merged revenues decrease of 10% (enhance of 1% in constant currencies)
- Merged operating income decrease of 16% (6% in constant currencies), due in part to about $45 million of restructuring charges incurred to optimize the Company’s global operating structure
- Diluted earnings per share of $1.26, a decrease of 10% (1% in constant currencies)
- Returned $2.5 billion to shareholders through share repurchases and dividends, bringing the year-to-date return to shareholders to $3.9 billion in connection with our 3-year target to return $18-20 billion to shareholders by the end of 2016.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages.
Finally, Trimble Navigation Limited (NASDAQ:TRMB), ended its last trade with -2.65% loss, and closed at $23.10.
Trimble Navigation Limited will hold a conference call on Tuesday, August 4, 2015 at 1:30 p.m. PT to review its second quarter 2015 results. The call will be broadcast live on the Web at http://investor.trimble.com. Investors without Internet access may dial into the call at (800) 528-9198 (U.S.) or (702) 928-6633 (international). The passcode is 92672056.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software.
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