secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000829224-22-000052
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks Q4 GAAP EPS $0.76; revenue record $8.4B; U.S. comps +11%, China -16%
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- GAAP EPS $0.76 vs $1.49 prior year; Non-GAAP EPS $0.81 vs $0.99.
- Consolidated net revenues up 3% (11% on 13-week basis) to record $8.4B.
- Global comparable store sales +7%; U.S. +11%, China -16% due to COVID restrictions.
- Dividend declared $0.53/share, payable Nov 25 to holders of record Nov 11.
- Company plans to sell Seattle's Best Coffee brand to Nestlé; subject to approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000082922422000052/0000829224-22-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000082922422000052/sbux-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000829224-22-000052

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