Starbucks Record Earnings – Q2 2015

Are you a Starbucks customer? Do you love the taste of real coffee? I’m not talking coffee that tastes like candy…

Have you ever tried their slow-roasted ham and swiss breakfast sandwich on a soft croissant bun that just falls apart once you bite into it?

Make sure you read my post on why Starbucks stock will go higher.

Plain and simple… Starbucks has built a loyal customer base because they deliver quality products and service. Customers keep coming back and paying for the speciality drinks, coffees and food offering.

If you’re an investor you might know by now that Starbucks delivered a record quarter in its Q2 2015 financial results today (Apr 23, 2015) after markets closed.

Starbucks Q2 2015 Earnings Highlights:

  • Global comp store sales + 7%
  • Q2 Record of Net Revenues + 4% to $4.6 Billion
  • Q2 Record of EPS + 18% to $0.33 / share (split-adjusted)
  • Q2 Record operating income + 21% to $778 Million
  • Channel Development Revenues + 16% to $428 Million
  • Opened 210 net new stores in Q2 (includes closure of 132 Target Canada licensed stores), including the 5,000th store in China/Asia Pacific
  • Total stores worldwide: 22,088
  • Record 1.3 million new My Starbucks Rewards members added in Q2 (Total active members: 10.3 million)
  • Q2 record of $1.1 billion in Starbucks Card loads

Feel free to read my blog post if you’re wondering how Starbucks did in their Q1 2015 financial release.

Starbucks reaffirms Fiscal 2015 Targets:

  • Revenue Growth 16 – 18%
  • Global comp store sales growth of mid-single digits
  • Capital expenditures $1.4 Billion
  • Total new store openings at 1,650
  • GAAP EPS: Full Year = $1.77 – $1.79 / Q3 = $0.39 – $0.40 / Q4 = $0.40 – $0.41
  • Non-GAAP EPS: Full Year = $1.55 – $1.57 / Q3 = $0.40 – $0.41 / Q4 = $0.42 – $0.43

I love Starbucks and I love the stock just as much!

Starbucks Q2 2015

My call options are already up + 130% since I bought them and set to go even higher at market open tomorrow. Starbucks shares closed at $49.43 on Apr 23, 2015 (accounting for a 2-1 split adjustment on Apr 9, 2015). Prior to the split, the shares would’ve been at $98.86! How much higher will they go?

I don’t know… but I want to find out!!

Cheers to the rest of the Starbucks investors out there for sticking with a strong company, and to the great things still remaining to come from this company!

Remain disciplined in your investing decisions! Good luck!