Starbucks (SBUX) Tops Q3 EPS by 5c

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Starbucks Reports Q3 Fiscal 2023 Results

August 1, 2023 4:05 PM EDT

Q3 Consolidated Net Revenues Up 12% to a Record $9.2 Billion
Q3 Comparable Store Sales Up 10% Globally; Up 7% in North America; Up 24% in International
Q3 GAAP EPS $0.99; Non-GAAP EPS $1.00 Exceeding Expectations Globally
Q3 Active U.S. Starbucks® Rewards Membership Reaches 31.4 Million, Up 15% Over Prior Year

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal third quarter ended July 2, 2023. GAAP results in fiscal 2023 and fiscal 2022 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to... More