Starbucks Corporation SBUX is scheduled to announce fourth quarter 2014 earnings after Thursday's market close.
The Street is expecting Starbucks to report EPS of $0.74 on revenues of $4.23 billion.
Analysts at three different firms expect Starbucks to report a strong quarter.
What to look for:
- Margin expansion driven by cost-cutting shift to incorporate food.
- Same-store sales continuing to grow.
- How consumers reacted to new Teavana items.
- Rising price of coffee and magnitude of coffee cost headwinds.
- Gift cards and rewards program acceptance in market.
Wells Fargo analysts stated, “Coffee costs favored SBUX earlier in 2014 but the recent rise may lead to margin pressure in late H2 2015 and into 2016.”
Shares of Starbucks were up 0.95 percent heading into the earnings announcement.
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