Post-earnings recap
Reported
Tue, Jul 27, 2021
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
38%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Starbucks reported a strong earnings per share, beating expectations significantly. However, the stock reacted slightly down, which may reflect broader market conditions or investor caution. The lack of revenue data and guidance may have contributed to the muted stock performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.01 | N/A | +31.00% |
| Revenue | N/A | N/A | N/A |
Overall, management expressed cautious optimism about the recovery in customer traffic. They acknowledged supply chain challenges but are focused on addressing these issues.
Management highlighted strong customer demand as a positive sign for future growth.
They noted ongoing challenges with supply chain disruptions but remain focused on recovery.
The team emphasized their commitment to enhancing customer experience.