Starbucks (SBUX) Misses Q1 EPS by 2c, Reaffirms FY23 Guidance

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Starbucks Reports Q1 Fiscal 2023 Results

February 2, 2023 4:05 PM EST

Q1 Consolidated Net Revenues Up 8% to a Record $8.7 Billion
Q1 Comparable Store Sales Up 5% Globally; Up 10% in the U.S; Up Double Digits Internationally, Excluding China
Q1 GAAP EPS $0.74; Non-GAAP EPS $0.75; Performance Materially Impacted by Headwinds in China
Q1 Active U.S. Starbucks® Rewards Membership Reaches 30.4 Million, Up 15% Over Prior Year, Up 6% Sequentially
Q1 Card Loads Reaches a Record $3.3 Billion; Ranking as #2 U.S. Brand in Holiday Gift Card Activations
Company Reaffirms 2023 Full Year Guidance

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (Nasdaq: SBUX) today reported... More