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Non-GAAP operating profit margins fell 380 basis points from the prior year to 14.4%. ... Starbucks shares ended 2024 down 5% compared to a 23% advance for the S&P 500 .
Starbucks surpassed earnings expectations for Q1 2025, but faced challenges in global sales and margins. ... Gross U.S. revenue dipped 1% to $7.1 billion, with operating income down 22% to $1.2 ...
Starbucks' same-store sales — or sales at locations open at least a year — fell 4% compared to the same period last year. The decline was less than the 5.5% analysts anticipated, according to ...
Starbucks plans to reduce beverage and food offerings on the menu by 30% by the end of this fiscal year. The company recently canceled the extra charge on non-dairy milks and paused price increases.
(Reuters) -Starbucks Corp beat Wall Street estimates for quarterly profit on Tuesday as higher prices and strong demand for its coffees in the United States helped offset a hit to business in ...
Starbucks (NASDAQ: SBUX) needs to find a way to get its business going again. The company has been struggling to grow its top line, and investors have been dumping the stock.
Starbucks is out with its Q1 ... The company's North America segment's operating income operating margin of 18.9% expanded from 17.2% in the prior year, "primarily driven by sales leverage from ...
The news followed Starbucks’s blowout earnings, where the company saw quarterly sales jump 11.4% to $9.37 billion and adjusted earnings of $1.06 per share (handily beating analyst estimates of ...