Categories AlphaGraphs, Consumer, Earnings
SBUX Earnings: Key quarterly highlights from Starbucks’ Q2 2023 financial results
Starbucks Corporation (NASDAQ: SBUX) reported its second quarter 2023 earnings results today.
Consolidated net revenues increased 14% year-over-year to $8.7 billion. Global comparable store sales increased 11%.
Net earnings attributable to Starbucks rose 35% to $908.3 million, or $0.79 per share, compared to last year. Adjusted EPS grew 25% YoY to $0.74.
Both revenue and earnings beat estimates.
The company opened 464 net new stores in the second quarter.
Prior performance
Most Popular
AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates
Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced first-quarter 2025 financial results, reporting an increase in revenue and adjusted earnings. The company reported worldwide net revenues of $13.3 billion for the
Colgate-Palmolive (CL) Q1 2025 Earnings: Key financials and quarterly highlights
Colgate-Palmolive Company (NYSE: CL) reported its first quarter 2025 earnings results today. Net sales decreased 3.1% year-over-year to $4.9 billion. Organic sales growth was 1.4%. Net income attributable to Colgate-Palmolive Company rose
Meta Platforms (META) set to report Q1 earnings. Here’s what to expect
After integrating artificial intelligence into its products, Meta Platforms, Inc. (NASDAQ: META) is investing heavily in the metaverse project. Yet, the tech giant has maintained healthy cash flows and consistently
