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Starbucks Corp narrows FY 2014 EPS guidance in line with analysts' estimates; gives Q4 2014 EPS guidance; comments on FY 2015 guidance; comments on FY 2015 comparable store sales guidance


Thursday, 24 Jul 2014 04:13pm EDT 

Starbucks Corp:Sees FY 2014 earnings per share to be in the range of $2.70 to $2.72 ; or $2.65 to $2.67 when excluding an estimated net benefit of $0.05 for certain FY 2014 non-GAAP adjustments.Sees Q4 2014 EPS in the range of $0.76 to $0.78; or $0.73 to $0.75 when excluding a $0.03 estimated net benefit.Sees FY 2015 revenue growth of 10 pct. or greater.Sees FY 2015 comparable store sales growth in the mid single digits.Sees FY 2015 earnings per share growth of 15 pct.- 20 pct. over FY 2014.FY 2014 revenue estimates of $16.480 bln and EPS estimates of $2.67 - Thomson Reuters I/B/E/S.Q4 2014 EPS estimates of $0.74 - Thomson Reuters I/B/E/S.FY 2015 revenue estimates of $18.251 bln and EPS estimates of $3.16 - Thomson Reuters I/B/E/S. 

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