Starbucks First Quarter Sales Trailed Estimates

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Jan. 23 (Bloomberg) –- Bloomberg’s Julie Hyman reports on Starbucks earnings and where the company is growing. She speaks on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

Marginally worse than estimated and a few key metrics.

Let's get the starbucks first of all.

The earnings beating estimates and revenue rising here by about 12 72 $4.2 billion-- 12% to $4.2 billion.

Comp sales are falling in the united states.

That is still impressive.

Starbucks has been remarkably consistent since the depths of the financial crisis at providing quarter over quarter of strong same-store sales growth.

Traffic is incredible but it looks like the growth this past quarter slowed a little bit.

Howard schultz, ceo, did comment on the growth of online sales saying it has been eating into things like mall traffic.

At may have been something that affected starbucks as well.

If you look at the international market, they have performed better.

If you look at europe, middle east, and africa, consort 5% better.

They were up 8 are sent in china -- 8% in china.

Let's talk about microsoft as well.

Up about 3% to $.78.

This text has been automatically generated. It may not be 100% accurate.


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