Starbucks Corp
SBUX
ISIN US8552441094 / Valor 973403
Starbucks Corp
UMushroom community rating:
About company
Starbucks Corp is a multinational chain of coffeehouses and roastery reserves that offers a variety of coffee, tea, pastries, and other beverages and snacks. The company also sells branded coffee beans and related products through retail stores and online channels.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (17.12.2024):
Revenue Decline
In the fourth quarter of fiscal year 2024, Starbucks Corp reported a 3% decline in consolidated net revenues, amounting to $9.1 billion. This decrease was attributed to a decline in customer frequency across various segments, impacting overall sales performance.
Earnings Per Share
Starbucks Corp's GAAP and non-GAAP earnings per share for Q4 FY2024 were both reported at $0.80, reflecting a 25% decline compared to the previous year. The decrease in earnings was influenced by investments aimed at enhancing customer experience and store operations.
Store Sales Performance
Global comparable store sales for Starbucks Corp in Q4 FY2024 declined by 7%, driven by an 8% decrease in comparable transactions. However, there was a slight offset due to a 2% increase in the average ticket size, indicating some resilience in customer spending per visit.
Starbucks Rewards Growth
Despite the challenges faced in Q4 FY2024, Starbucks Corp saw a 4% year-over-year increase in active U.S. Starbucks Rewards membership, totaling 33.8 million members. This growth highlights the continued engagement and loyalty of Starbucks' customer base.
Operating Margin Contraction
Starbucks Corp experienced a contraction in its GAAP operating margin by 380 basis points to 14.4% in Q4 FY2024. This was primarily due to deleverage, increased investments in store partner wages and benefits, and heightened promotional activities, partially offset by pricing strategies and operational efficiencies.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
99139 M
Market cap (USD)
1,692,222
Daily traded volume (Shares)
89.92 / 87.17
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
Daniela Gie
Lou Charlotte Wehrli
Hein Sweerts de Landas
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