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(SBUX, NHPR, GRHU) PennyOmega.com Weekend Update

Posted, by pennylynnomega on July 30th, 2011

** Starbucks Corp. (SBUX) reported financial results for its fiscal third quarter ended July 3, 2011, posting total net revenues of $2.9 billion, a 12% increase year-over-year and record earnings per share of $0.36, increased 33% compared to the same period the prior year

On its fiscal 2012 targets, SBUX plans to accelerate growth by opening approximately 800 net new stores globally, SBUX is targeting approximately 10% revenue growth and SBUX expects earnings per share growth in the range of 15% to 20%.

Authored by, pennylynnomega
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