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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 ...
Global Comparable Store Sales (4%) N/A. 5% (9 pp) ... A core strategy involves its mix of company-operated and licensed stores to optimize growth and financial performance. Starbucks' success ...
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.
(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 ...
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.
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.
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
Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales .