Earnings Preview: Starbucks
Associated Press
All Associated Press News
NEW YORK (AP) - Starbucks Corp. reports earnings for the fiscal first quarter on Wednesday, Feb. 1. The following is a summary of key developments and analyst opinion related to the period.
EXPECTATIONS: The coffee retailer forecast full-year 2006 earnings of between 63 cents and 65 cents per share, including stock option compensation expenses of about 9 cents per share. Annual revenue is anticipated to grow 20 percent over 2005 sales of $6.4 billion, to $7.64 billion.
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