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In regards to Q4, our Q4 consolidated revenue was $9.1 billion, down 3% from the prior year, driven by a 7% decline in comparable store sales, consisting of an 8% decrease in transactions and a 2% ...
Starbucks reported $0.69 per share in profit where analysts expected only $0.67, and the company's Q1 2025 revenue was $9.4 billion, also ahead of consensus estimates. That's the good news.
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 ...
Net income fell 7.6% to $1.05 billion, or 93 cents per share. That was in line with analysts' forecasts. Narasimhan confirmed recent reports that activist investor Elliott Investment Management has taken a stake in the company. “Our conversations to date have been constructive,” he said. Starbucks shares rose 3% in after-hours trading Tuesday.
Starbucks said its revenue rose 8% to a record $9.43 billion for the October-December period. Starbucks CEO Laxman Narasimhan said there were pockets of good news in the fiscal first quarter.
In June 1992, at the time of its initial public offering, Starbucks had 140 outlets, with revenue of US$73.5 million, up from US$1.3 million in 1987. The company's market value was US$271 million by this time. [ 22 ]
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 ...
Form 5 is an SEC filing submitted to the Securities and Exchange Commission on an annual basis by company officers, directors, or beneficial (10%) owners, which summarizes their insider trading activities. This form is simply a combination of year's Form 4 filings, which are mandatory filings made shortly after insiders make transactions.