Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June&nbsp;30, 2019. 

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Infographic: Starbucks Reports Q3 Fiscal 2019 Results

“Starbucks delivered strong operating performance in the third quarter, further demonstrating that our ‘Growth at Scale’ agenda is working,” says Kevin Johnson, president and ceo.

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Q3 Comparable Store Sales Up 6% Globally, Led by 7% Comp Growth in the U.S. and 6% Comp Growth in China

Global Net Store Growth of 7% Versus Prior Year, Led by 16% Net Store Growth in China

GAAP EPS of $1.12; Non-GAAP EPS of $0.78, Up 26% Year-Over-Year

Active Starbucks® Rewards Membership in the U.S. Increases 14% Year-Over-Year to 17.2 Million

SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June&nbsp;30, 2019. GAAP results in fiscal 2019 and fiscal 2018 include items which are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.

“Starbucks delivered strong operating performance in the third quarter, further demonstrating that our ‘Growth at Scale’ agenda is working,” says Kevin Johnson, president and ceo. “Our two targeted long-term growth markets, the U.S. and&nbsp;China, performed extremely well across a number of measures as a result of our focus on enhancing the customer experience, driving new beverage innovation and accelerating the expansion of our digital customer relationships.&nbsp;Given the strong momentum across our business, we are raising our full-year financial outlook.”

“Starbucks continues to be focused and disciplined in the execution of our three key strategic priorities that we established last year: accelerating growth in the U.S. and China, expanding the global reach of the Starbucks brand through our Global Coffee Alliance with Nestlé, and increasing shareholder returns. With our efforts to streamline the company and elevate the Starbucks brand, we are positioning the company to deliver predictable and sustainable operating results while building an enduring company that creates meaningful long-term value for Starbucks shareholders,” concluded Johnson.

PDF: <a href="https://stories.starbucks.com/uploads/2019/07/Starbucks-FY19-Q3-Earnings-Release.pdf">Detailed financial data</a>

Q3 Fiscal 2019 Highlights

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Visit the <a href="https://investor.starbucks.com/ir-home/default.aspx">Investor Relations page on Starbucks.com</a> to access the <a href="https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/30667/indexl.html">live audio webcast</a>.

Starbucks Reports Q3 Fiscal 2019 Results - Starbucks Stories

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Starbucks Reports Q3 Fiscal 2019 Results

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