Categories AlphaGraphs, Consumer, Earnings
SBUX Earnings: All you need to know about Starbucks’ Q2 2024 earnings results
Starbucks Corporation (NASDAQ: SBUX) reported second quarter 2024 earnings results today.
Consolidated net revenues declined 2% year-over-year to $8.6 billion. On a constant currency basis, revenue declined 1%.
Global comparable store sales declined 4%.
GAAP net earnings attributable to Starbucks decreased 15% to $772.4 million while EPS fell 14% to $0.68. Adjusted EPS decreased 8% to $0.68.
Revenue and earnings missed estimates, sending the stock crashing over 9% in aftermarket hours on Tuesday.
The company opened 364 net new stores in Q2, ending the period with 38,951 stores.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Important takeaways from AutoZone’s (AZO) Q2 2025 earnings report
AutoZone, Inc. (NYSE: AZO) had a mixed start to FY25, reporting lower earnings and a modest increase in sales for the first two quarters of the year. The company continues
Target (TGT): A few notable points on the Q4 performance and plans for 2025 and beyond
Shares of Target Corporation (NYSE: TGT) were down over 1% on Wednesday. The stock has dropped 11% over the past three months. The retailer delivered better-than-expected earnings results for the
CRWD Earnings: A snapshot of CrowdStrike’s Q4 2025 report
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported an increase in adjusted profit for the fourth quarter of 2025, reflecting a double-digit growth in revenues. Total revenue increased 25% year-over-year
