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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 ...
Same-store sales are widely reported by publicly owned retail chains as a key element of their operational results. For chains that are growing quickly by opening new outlets, same-store sales figures allow analysts to differentiate between revenue growth that comes from new stores and growth from improved operations at existing outlets.
North American performance saw a 4% decline in comparable sales due to reduced transactions, offset by higher average spending per visit. Gross U.S. revenue dipped 1% to $7.1 billion, with ...
However, there is a significant choice of alternative methods of calculation, which makes it difficult to compare figures quoted by different retailers. [1] The portion of current sales achieved through activities that are comparable to the activities of the previous year. Investopedia explains Like-For-Like Sales.
Starbucks posted mixed fiscal third-quarter results on Tuesday after market close. Starbucks misses Q3 comparable same-store sales estimates, China sees 46% sales growth [Video] Skip to main content
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.
(Reuters) - Starbucks on Wednesday reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the key U.S. and ...
Global same-store sales dropped 7% year over year in the fourth quarter, driven by an 8% drop in transactions. Therefore, while transactions still fell in Q1, the 6% drop was an improvement from Q4.