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Same-store sales overseas declined 4%, with China dropping 6% year over year. The company's operating profit margins in its North America and international segments fell a combined 510 basis ...
Revenue was flat year over year at $9.4 billion, versus estimates of $9.32 billion. Earnings per share of $0.69 were a 23% drop compared to the same quarter a year ago, but higher than the $0.66 ...
Non-GAAP operating profit margins fell 380 basis points from the prior year to 14.4%. ... Starbucks shares — which for years have traded at relative premiums to competitors — trade on a ...
Howard Schultz was the CEO of Starbucks from 1986 to 2000. He was succeeded by Orin Smith, who ran the company for five years and positioned Starbucks as a large player in fair trade coffee (fair trade later being overturned during Kevin Johnson's leadership in 2022), [293] increasing sales to US$5 billion.
Mellody Louise Hobson Lucas [1] [2] (née Hobson; born April 3, 1969) is an American businesswoman who is president and co-CEO of Ariel Investments, [3] and former chair of Starbucks. [4] She is the former chairman of DreamWorks Animation , [ 5 ] having stepped down after negotiating the acquisition of DreamWorks Animation SKG, Inc., by ...
Starbucks (NASDAQ: SBUX) Q4 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. ... As a 20-plus year partner, I've seen what Starbucks is capable of when we focus on what we do best. It's because of ...
Johnson’s first major initiative was the 2017 two-year North Star project that aimed to refocus Starbucks’ approach to customer service. [ 45 ] [ 46 ] However, employees reported that Starbucks was forcing baristas to take responsibility for customer-service problems caused by other issues like understaffed stores, an increasing demand from ...
Starbucks ( NASDAQ:SBUX ) Full Year 2022 Results Key Financial Results Revenue: US$32.3b (up 11% from FY 2021). Net...