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.
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, on Tuesday reported results for the fourth quarter of fiscal 2024. The company posted revenues of $78.9 billion
Shares of McCormick & Company Inc. (NYSE: MKC) were down on Tuesday. The stock has fallen 19% over the past three months. The spices and seasonings maker is scheduled to report its
Cintas Corporation (NASDAQ: CTAS) reported first quarter 2024 earnings results today. Revenue was $2.34 billion, up 8.1% from the same period last year. Organic revenue growth was also 8.1%. Net