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
MS Earnings: Morgan Stanley Q1 2025 revenue and earnings beat estimates
Morgan Stanley (NYSE: MS) on Friday reported higher revenues and net profit for the first quarter of 2025. The latest numbers also exceeded analysts’ estimates. The company reported net revenues
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2025 financial results
Wells Fargo & Company (NYSE: WFC) reported its first quarter 2025 earnings results today. Total revenue decreased 3% year-over-year to $20.15 billion. Net income grew 6% to $4.89 billion and
JPM Earnings: All you need to know about JPMorgan’s Q1 2025 earnings results
JPMorgan Chase & Co. (NYSE: JPM) reported its first quarter 2025 earnings results today. Reported net revenue increased 8% year-over-year to $45.3 billion. Managed net revenue was $46 billion, also
