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Global Comparable Store Sales (4%) N/A. 5% ... with operating income down 22% to $1.2 billion. ... Continued focus on digital enhancements led to a 1% growth in the Starbucks Rewards program ...
Same-store sales are also known as comparable store sales, identical store sales or like-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 ...
Overall revenue declined by 1% to $9.1 billion, with global comparable-store sales falling by 3%. Starbucks opened 526 net new stores in the period, ending the quarter with 39,477 locations.
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 ...
A valuation multiple [1] is simply an expression of market value of an asset relative to a key statistic that is assumed to relate to that value. To be useful, that statistic – whether earnings, cash flow or some other measure – must bear a logical relationship to the market value observed; to be seen, in fact, as the driver of that market value.
When Starbucks issued its guidance for the fiscal year 2022 in its fourth-quarter 2021 earnings report, it said it expected to see global comparable store sales growth increase in the high single ...
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.
Our Q1 consolidated revenue was $9.4 billion, flat to the prior year, reflecting 7% net new company-operated store growth over the past 12 months, offset by a 4% decline in comparable store sales.