STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (unaudited, in millions, except per share data) Net revenues: Company-operated stores Quarter Ended Quarter Ended Oct 1, 2023 Oct 2, 2022 % Oct 1, Change 2023 Oct 2, ...
As a result of our solid performance, our full year fiscal year 2023 guidance including revenue has been reiterated and we are confident to move our earnings growth to 16% to 17% for full year fiscal 2023. Finally, I want to say thank you to our partners around the globe for showing up...
For the fourth quarter of fiscal year 2024, global comparable store sales declined 7%, and consolidated net revenues declined 3% to $9.1 billion, or a 3% decline on a constant currency basis. GAAP earnings per share is $0.80, down 25% over prior year. Non-GAAP earnings per share is also...
The company reiterated its full-year forecast of earnings per share growth of 15% to 20%.
Rooted in the Chinese market for 23 years, Starbucks dominated the Chinese market for a long time. Starbucks generated revenue of $822 million (5.904 billion yuan) in China in the second quarter, up 51 percent year-on-year, according to the earnings report. ...
Despite a challenging operating environment experienced by the entire consumer discretionary segment, Starbucks still managed to pull net revenues by 11.5% in FY23 from FY22. I do note that management guidance from its Q3 earnings report that global revenue growth is expected to be in the low-si...
Earnings date SBUX EX-Dividend date TheSBUX ex-dividend date annual report, also known as the Starbucksreinvestment date, is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held. The...
Besides big cities, Starbucks is also expanding its presence in small cities in China these year as it has said that lower-tier market is the focus for future business expansion. Starbucks China Chairperson and CEO Belinda Wong vowed to accelerate entering county-level markets at an earnings call...
Starbucks Corporation (NASDAQ:SBUX) Q4 2023 Earnings Call Transcript November 2, 2023 7:30 AM ET Company Participants Tiffany Willis - VP, IR Laxman Narasimhan - CEO Rachel Ruggeri - EVP & CFO Conference Call Participants Sara Senatore - Bank of America ...
Starbucks is set to report earnings after Tuesday's close, with analysts expecting a slight bump in quarterly revenue and lower profits than the same quarter of 2023. The earnings come after a report that activist fund Elliott Investment Management has taken a stake in the company. ...