Starbucks (SBUX) Misses Q2 EPS by 12c

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Starbucks Reports Q2 Fiscal 2024 Results

April 30, 2024 4:05 PM EDT

Q2 Consolidated Net Revenues Down 2% to $8.6 Billion, Driven by a Complex Operating Environment

Q2 GAAP and Non-GAAP EPS of $0.68; Long-Term Strategy Remains Intact

Q2 Active U.S. Starbucks® Rewards Membership Totals 32.8 Million, Up 6% Over Prior Year

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 31, 2024. GAAP results in fiscal 2024 and fiscal 2023 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this... More