Starbucks reported third quarter 2015 results Thursday. Sales of $4.9 billion gave the coffee company a slight beat over Street forecasts on the top line and a 1 cent beat on the bottom line with 42 cents in adjusted profit per share. As anticipated, profits were down sharply versus last year's 67 cents in earnings per share. Revenue, on the other hand, was up 17.5% year-over-year.
Starbucks reported third quarter 2015 results Thursday. Sales of $4.9 billion gave the coffee company a slight beat over Street forecasts on the top line and a 1 cent beat on the bottom line with 42 cents in adjusted profit per share. As anticipated, profits were down sharply versus last year's 67 cents in earnings per share. Revenue, on the other hand, was up 17.5% year-over-year.
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