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Consolidated net revenues increased 1% to $36.2 billion in fiscal year 2024, driven by 7% net new company-operated store growth, offset by a 2% decline in comparable store sales.
But despite holding that highly-coveted title, the coffee giant is facing its fair share of financial struggles in 2024.The company just released its latest quarterly earnings results, reporting ...
Image source: The Motley Fool. Starbucks (NASDAQ: SBUX) Q1 2025 Earnings Call Jan 28, 2025, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
Starbucks is striving to brew up a comeback.The Seattle-based coffee giant posted its first quarter fiscal year 2025 results on Tuesday after market close, which showed declines across the board ...
The earnings announcement was a mixed bag, with earnings per share (EPS) and revenue slightly surpassing analysts' expectations but facing declines in key sales metrics. Starbucks reported EPS of ...
Starbucks' overall revenue is up 11% to nearly $9.4 billion, higher than the $9.28 billion expected from Wall Street, while adjusted earnings per share came in at $1.06, which also beat estimates ...
Starbucks' most recent quarter showed a 7% drop in global comparable-store sales as consumers shunned the chain's ever-pricier coffees and long wait times. North America comparable store sales ...
What Happened: Starbucks reported quarterly adjusted earnings of $1 per share, which beat the estimate of 99 cents. The company reported quarterly revenue of $8.15 billion, which came in below the ...