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This past year, Starbucks’ revenue stagnated, growing less than 1%, while operating income faltered about 8%. While some workers will be eligible for merit raises, senior and executive ...
Net income rose $1.49 per share on $1.76 billion compared to 33 cents per share and $392.6 million in revenue last year. Revenue rose 31% to $8.1 billion in Q4 but fell short of the $8.21 billion ...
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 ...
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.
The company reported quarterly revenue that fell 3% year over year to $9.1 billion, while adjusted earnings per share fell 24% to $0.80. ... Prior to the report, Starbucks shares were up 3% year ...
Q3 revenue fell 1% to $9.1 billion, lower than expectations of $9.2 billion, per Bloomberg consensus estimates. Global same-store sales declined for the second quarter in a row, down 3%, while ...
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 ...
The company also revised its 2024 outlook for the third time this fiscal year. As of Q2, Starbucks expects 2024 global revenue growth of low-single digits, down from the previous range of 7% to 10 ...