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Same-store sales overseas declined 4%, with China dropping 6% year over year. The company's operating profit margins in its North America and international segments fell a combined 510 basis ...
Starbucks' same-store sales — or sales at locations open at least a year — fell 4% compared to the same period last year. The decline was less than the 5.5% analysts anticipated, according to ...
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Niccol's comments came as Starbucks reported a disappointing end to its 2024 fiscal year. Starbucks said its revenue fell 3% to $9.1 billion in the July-September period as customer traffic slowed ...
Donald joined Starbucks in 2002 as president of the North American division. Donald replaced Orin C. Smith as CEO on April 1, 2005. [7] In January 2008, Donald was replaced by Howard Schultz. [8] During his tenure, Starbucks enjoyed record growth, including five straight years of 20%+ annual earnings increases. [9]
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International sales plunged 9%, and Chinese comparable sales cratered 14%. Non-GAAP operating profit margins fell 380 basis points from the prior year to 14.4%.
Starbucks ( NASDAQ:SBUX ) Full Year 2022 Results Key Financial Results Revenue: US$32.3b (up 11% from FY 2021). Net...