Categories AlphaGraphs, Consumer, Earnings

Starbucks (SBUX) Q4 2022 Earnings: Key financials and quarterly highlights

Starbucks Corporation (NASDAQ: SBUX) reported fourth quarter 2022 earnings results.

Consolidated net revenues rose 3% year-over-year to $8.4 billion. Global comparable store sales increased 7%.

Net earnings attributable to Starbucks declined 50% to $878.3 million, or $0.76 per share, compared to last year. Adjusted EPS was $0.81.

The company opened 763 net new stores during the quarter.

Both revenue and earnings beat expectations. The stock rose 1% in after-market hours.

Prior performance

Starbucks Q3 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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