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Starbucks said its revenue fell 3% to $9.1 billion in the July-September period as customer traffic slowed in the U.S. and China. For the full year, Starbucks said its revenue rose less than 1% to ...
Starbucks missed the mark on sales again as it reported its numbers Tuesday after market close.Q3 revenue fell 1% to $9.1 billion, lower than expectations of $9.2 billion, per Bloomberg consensus ...
This is a list of the largest fast-food restaurant chains by their ... Name Number of locations Revenue 1 China Mixue Ice Cream & Tea ... Starbucks: 40,199 (2024) [4 ...
SBUX earnings call for the period ending September 30, 2024.
Starbucks' same-store sales — or sales at locations open at least a year — fell 3%. That was slightly higher than the 2.7% drop Wall Street had expected, according to analysts polled by FactSet. In China, where Starbucks is feeling pressure from lower-priced rivals, same-store sales plunged 14%.
Starbucks reiterated that it plans to have 9,000 stores in China by 2025, up from nearly 7,000 today. Starbucks said its net income rose 20% to just over $1 billion, or 90 cents per share.
Starbucks reported record revenue in its fiscal third quarter as its China business roared back to life. Starbucks shares were down 1% in after-market trading Tuesday. Same-store sales — or ...
Starbucks recently released its fiscal 2024's second-quarter earnings report, in which the beverage retailer generated $8.6 billion in revenue. That marked a 2% year-over-year decline, partly ...