Starbucks (SBUX) 3QFY2011 Record EPS Increase 33%

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Welcome to CRWENewswire, Stocks to watch. I’m Sara Bryant. I know I can’t start my day correctly without a nice, hot, perfect cup of coffee, what about you? Today we are talking about . . .Starbucks Corporation - symbol 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, Starbucks plans to accelerate growth by opening approximately 800 net new stores globally, the company is targeting approximately 10% revenue growth and it expects earnings per share growth in the range of 15% to 20%. Thank you for tuning in, I’m Sara Bryant. see you soon, right here on CRWE Newswire Stocks to Watch

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