Consumer Sector Earnings Reported on April 26
Starbucks (SBUX) announced its fiscal 2Q18 results on April 26. The revenue grew ~14% to $6.03 billion and surpassed the consensus estimates by 1.7%. The company’s EPS (earnings per share) increased to $0.53—compared to $0.45 in 1Q17. The EPS surpassed the consensus estimate of $0.53.