Categories AlphaGraphs, Consumer, Earnings
Starbucks (SBUX) Q1 2024 Earnings: Key financials and quarterly highlights
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2024 earnings results today.
Consolidated net revenues increased 8% year-over-year to $9.4 billion but fell short of estimates of $9.6 billion.
Global comparable store sales increased 5%.
Net earnings attributable to Starbucks grew 19.8% to $1 billion while EPS rose 21.6% to $0.90. Adjusted EPS grew 20% to $0.90 but missed projections of $0.93.
The company opened 549 net new stores in Q1, ending the period with 38,587 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
Earnings Preview: Home Depot’s Q3 report likely to reflect weak consumer demand
The US housing industry has been mostly resilient to headwinds like economic uncertainties so far this year. However, housing activity cooled in recent months as high mortgage rates and inflation
Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Monday. The stock has gained 16% over the past three months. The gaming company is set to report its second
Earnings Summary: Highlights of Loews Corporation’s (L) Q3 2024 report
Loews Corporation (NYSE: L), a diversified company with businesses in the insurance, energy, hospitality, and packaging industries, on Monday reported higher revenue and profit for the third quarter of 2024.
