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
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
These fast-food stocks can strengthen your portfolio this year. Here’s why
For American restaurant chains, the early months of the pandemic were a challenging period. But soon things changed for the better as people started ordering their favorite food items online
What to expect when McCormick & Company (MKC) reports Q1 results next week
Shares of McCormick & Company, Incorporated (NYSE: MKC) were up over 2% on Friday. The stock has dropped 12% year-to-date. The condiments manufacturer is scheduled to report its first quarter 2023
KB Home (KBH) Earnings: 1Q23 Key Numbers
KB Home (NYSE: KBH) reported total revenues of $1.38 billion for the first quarter of 2023 which was relatively flat compared to the same period last year. Net income of
