Starbucks (SBUX) Reports In-Line Q3 EPS, Revenue Misses

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Starbucks Reports Q3 Fiscal 2024 Results

July 30, 2024 4:05 PM EDT

Q3 Consolidated Net Revenues of $9.1 Billion, Down 1%; Up 1% in Constant Currency; Up 6% Over Q2
Q3 GAAP and Non-GAAP EPS of $0.93; Action Plans Partially Offset Continued Headwinds
Q3 Active U.S. Starbucks® Rewards Membership Totals 33.8 Million, Up 7% Over Prior Year and Up 3% Over Q2

SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 30, 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... More