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As of Q2, Starbucks expects 2024 global revenue growth of low-single digits, down from the previous range of 7% to 10%, which itself was down from a prior guidance of 10% to 12%.
Earnings breakdown . Here's what Starbucks reported, compared to estimates based on Bloomberg consensus data: Revenue: $9.1 billion versus $9.2 billion Adjusted earnings per share: $0.93 versus $0 ...
Starbucks reported fiscal second quarter 2023 earnings results that beat estimates on Tuesday, May 2 after market close. In its fiscal second quarter, Starbucks posted U.S. same-store sales that ...
Starbucks' most recent quarter showed a 4% drop in global same-store sales as the company pulled back on discounts and consumers shunned the long lines at the chain. North America and US same ...
In North America, Starbucks had a Q2 operating profit of $1.1 billion, which is good -- but it was down 6% year over year. And it was down despite the higher prices it charged. And it was down ...
Here's what Wall Street expects from Starbucks, per Bloomberg consensus estimates: Adjusted earnings per share: $0.80, up 9.61% from a year ago Revenue: $9.13 billion, up 5% from a year ago Same ...
It's also forecasting flat to low-single digit earnings growth, down from 15% to 20%. Narasimhan said Starbucks will try to boost U.S. store traffic this summer with new drinks, including the ...
The chain's shares fell 14% following its Q2 earnings results, when it reported its first quarterly sales decline since 2020. ... analyst Brian Harbour wrote that most would agree with Starbucks ...