Investing.com - Starbucks (NASDAQ:SBUX) reported third-quarter earnings that beat analysts' expectations on Thursday and sales that topped forecasts.
The company reported earnings per share of $0.78 on revenue of $6.82 billion. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $6.67 billion.
That compared to EPS of $0.62 on revenue of $6.31 billion in the same period a year earlier. The company had reported EPS of $0.60 on revenue of $6.31 billion in the previous quarter.
Global comparable-store sales rose 6% in the period, topping forecasts for a rise of 4%.
Starbucks shares gained 5.05% to trade at $95.57 in after-hours trade following the report.