Starbucks Corporation
SBUX-
Starbucks Corp. increased 2.4% to $95.94 after the coffee chain operator reported sharply lower-than-expected revenue and earnings in its latest quarter amid demand weakness in the U.S. and China.
Global comparable same-store sales plunged 7% in the fiscal fourth quarter.
Oct 31, 2024 -
Starbucks Corp. dropped 13% to $77.0 after the coffee chain operator reported weaker-than-expected revenue and earnings in the first quarter.
The expensive coffee chain is battling an uneven and fragile economic recovery in China, its second-largest market, and elevated inflation in the U.S. is keeping customers away from discretionary purchases.
Global comparable store sales declined 4%, driven by a 6% decline in comparable transactions, partially offset by a 2% increase in average ticket.
North America and U.S. comparable store sales declined 3%, driven by a 7% decline in comparable transactions, partially offset by a 4% increase in average ticket.
Consolidated revenue in the fiscal second quarter ending in arch declined 1.8% to $8.6 billion from $8.7 billion, net income dropped 15% to $772.4 million from $908.3 million, and diluted earnings per share declined to 68 cents from 79 cents a year ago.
The company increased cash dividends per share to 57 cents from 53 cents a year ago.
May 1, 2024 -
Starbucks increased 3.5% to $97.45 after the company reported quarterly results.
Revenue in the fiscal first quarter ending in December rose 8.2% to $9.4 billion from $8.7 billion, net earnings rose 19.8% to $1.02 billion from $855 million, and diluted earnings per share advanced to 90 cents from 74 cents a year ago.
Global comparable store sales increased 5%, driven by a 3% increase in comparable transactions and a 2% increase in average ticket sales.
North America and U.S. comparable store sales increased 5%, driven by a 4% increase in average ticket sales and a 1% increase in comparable transactions.
The company lowered its full-year revenue outlook because of the competitive environment in its second largest market, China, and rising tensions between the U.S. and China.
Same-store sales in China increased by 10%; however, average ticket sales at stores fell by 9% as consumers avoided high-priced coffee shops.
Because of sales weakness in China, the company lowered its fiscal year sales growth to between 7% and 10%, down from the previous estimate of between 10% and 12%.
The company reiterated its full-year earnings per share growth of between 15% and 20%.
Feb 1, 2024 -
Starbucks Corp. extended 2-day gains to 13% after the coffee chain reported better-than-expected quarterly sales.
Revenue in the fiscal fourth quarter ending on October 1 increased 11.4% to $9.4 billion from $8.4 billion, net income advanced 38.3% to $1.2 billion from $878.3 million, and diluted earnings per share rose to $1.06 from 76 cents a year ago.
Global comparable store sales increased by 8%, driven by a 4% increase in average ticket sales and a 3% increase in comparable transactions.
North America and U.S. comparable store sales increased 8%, driven by a 6% increase in average ticket sales and a 2% increase in comparable transactions.
International comparable store sales increased 5%, driven by a 6% increase in comparable transactions and a 1% decline in average ticket sales.
In the second-largest market, China, comparable store sales increased 5%, driven by an 8% increase in comparable transactions and a 3% decline in average ticket sales.
The company continued its expansion and opened 816 net new stores in the quarter, ending the period with 38,038 stores, of which 52% are company-operated and 48% are licensed.
Nov 3, 2023 -
Starbucks Corp decreased 25 cents to $94.94 after the company said announced to hike its quarterly dividend by 7.5% to 57 cents a share from 53 cents payable on November 24 to shareholders on record November 10.
The coffee retailer opened a $220 million distribution and manufacturing facility in China, second largest market for the company.
Sep 21, 2023
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| Trading Volume | 429,685 |
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107.21 - 72.35 |
| Market Cap Full | $ 107.7B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | 1.4% | -4.7% | 5% | -22.2% |
| Q2 | - | -15.1% | -4.9% | -16% |
| Q3 | - | 26.6% | -7.9% | 10.3% |
| Q4 | - | -6.3% | 5.4% | 17.7% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.4 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -3.1 | 2 | -3.6 | -14.7 | 2.3 | -2.7 | 0.3 | 21.3 | 3.1 | 0.2 | 4.9 | -10.9 |
| 2023 | |||||||||||
| 10 | -6.5 | 2 | 9.8 | -14.6 | 1.5 | 2.5 | -4.1 | -6.3 | 1.1 | 7.7 | -3.3 |
| 2022 | |||||||||||
| -15.9 | -6.6 | -0.9 | -18 | 3.2 | -0.9 | 11 | -0.8 | 0.2 | 2.2 | 18.7 | -2.9 |
| 2021 | |||||||||||
| -9.2 | 11.6 | 1.2 | 3.9 | 0.4 | -1.9 | 8.6 | -3.2 | -5.5 | -4.5 | 4 | 6.1 |
| 2020 | |||||||||||
| -3.5 | -7.1 | -16.2 | 16.7 | 2.2 | -5.6 | 4 | 10.8 | 2.5 | 0.5 | 12.8 | 8.7 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 0.8 | 0.6 | 0.6 | 0.3 |
| Q2 | 1 | 0.8 | 1 | -0.6 |
| Q3 | 1.1 | 0.8 | 1.5 | 0.4 |
| Q4 | 0 | 0.7 | 0.7 | 0.5 |
| A | 3.6 | 2.8 | 3.5 | 0.8 |