This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Starbucks' March Same-Store Sales Rose 5%

Starbucks (SBUX - Get Report) said Thursday its same store sales in March rose 5% over the same period last year.

The coffee retailer said total revenue for the five-week period ending April 1 was $252 million, up 23% from $205 million reported in the same period a year ago. For the six-month period ending April 1, revenue was up 25% and same-store sales were up 8%.

President and CEO Orin Smith said in a statement the company was on track to reach its earnings-per-share target of 91 cents to 93 cents for this year, which is in line with the 92-cents-a-share consensus estimate of analysts who track the company, according to Thomson Financial/First Call.

During the month, Starbucks opened its 4,000th store and its 500th store in the Asia-Pacific region.

Shares of Starbucks finished unchanged at $40.94 in Thursday trading on the New York Stock Exchange.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
SBUX $55.50 1.10%
AAPL $93.28 -0.45%
FB $103.63 1.70%
GOOG $688.38 0.77%
TSLA $146.07 -2.90%


Chart of I:DJI
DOW 15,778.04 +117.86 0.75%
S&P 500 1,843.12 +14.04 0.77%
NASDAQ 4,289.8060 +22.9690 0.54%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs