Starbucks (SBUX) Misses Q1 EPS by 7c, Revenues Beat
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Starbucks Reports Q1 Fiscal 2022 Results
February 1, 2022 4:05 PM EST
Q1 Consolidated Net Revenues Up 19% to $8.1 Billion
Q1 Comparable Store Sales Up 13% Globally; U.S. Up 18% with 12% Two-Year Growth
Q1 GAAP EPS $0.69; Non-GAAP EPS of $0.72 Impacted by Greater-Than-Anticipated Inflation, COVID-19 Related Pay and Staffing Costs
China Surpasses 5,500 Stores, Pushing Global Store Count to Record 34,317
Active Starbucks® Rewards Membership in the U.S. Up 21% Year-Over-Year to 26.4 Million
SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended January 2, 2022. GAAP results in fiscal 2022 and fiscal 2021 include items that... More
