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Home » Starbucks’ (SBUX) CEO Howard Schultz Discusses Q3 2014 Results – Earnings Call Transcript

Starbucks’ (SBUX) CEO Howard Schultz Discusses Q3 2014 Results – Earnings Call Transcript

Source: Seeking Alpha


Starbucks (NASDAQ:SBUX)

Q3 2014 Results Earnings Call

July 24, 2014, 5:00 p.m. ET


JoAnn DeGrande – IR

Howard Schultz – Chairman, President and CEO

Troy Alstead – COO

Scott Maw – EVP and CFO

Adam Brotman – Chief Digital Officer

Cliff Burrows – Group President, U.S., Americas, and Teavana

John Culver – Group President, Starbucks Coffee China and Asia Pacific, Channel Development and Emerging Brands

Matt Ryan – Global Chief Strategy Officer


Matt DiFrisco – Buckingham Research

Keith Siegner – UBS

Jeffrey Bernstein – Barclays

Joseph Buckley – Bank of America Merrill Lynch

Sara Senatore – Sanford Bernstein

David Tarantino – Robert W. Baird

Sara Senatore – Sanford Bernstein

John Glass – Morgan Stanley

Bonnie Herzog – Wells Fargo

John Ivankoe – JPMorgan

Brian Bittner – Oppenheimer

Jason West – Deutsche Bank


At this time, I would like to welcome everyone to Starbucks Coffee Company’s third quarter fiscal year 2014 earnings conference call. [Operator instructions.] Ms. DeGrande, you may begin your conference call.

JoAnn DeGrande – IR

Thanks, operator. Good afternoon. This is JoAnn DeGrande, vice president of investor relations for Starbucks Coffee Company. Joining me on the call today to discuss our fiscal third quarter results are Howard Schultz, chairman, president, and CEO; Troy Alstead, COO; and Scott Maw, CFO. Also joining us for Q&A are Cliff Burrows, group president, US and Americas; John Culver, group president, China, Asia Pacific, and channel development; and Matt Ryan, global chief strategy officer, who is part of our digital team, along with Howard and Adam Brotman, our chief digital officer.

This conference will include forward-looking statements, which are subject to various risks and uncertainties that could cause our actual results to differ materially from these statements. Any such statements should be considered in conjunction with cautionary statements in our earnings release and risk factor discussions in our filings with the SEC, including our last annual report on Form 10-K.

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