secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0000829224-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks Q1 record revenue $8.7B, US comps +10%, China -29%; reaffirms FY23 guidance
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- Q1 consolidated revenue $8.7B (+8% YoY) record; GAAP EPS $0.74, non-GAAP EPS $0.75.
- Global comp store sales +5%; US +10% (ticket +9%, transactions +1%), China -29% (transactions -28%).
- Opened 459 net new stores, total 36,170; US Rewards active members 30.4M (+15% YoY).
- Reaffirmed FY2023 guidance; resumed share repurchases ($191.4M in Q1); expects ~$20B shareholder returns by FY2025.
- Board declared $0.53 dividend payable Feb 24/record Feb 10; 51 quarters of consistent payouts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000082922423000015/0000829224-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000082922423000015/sbux-20230202.htm
  HTML page:      https://secwatch.observer/filing/0000829224-23-000015

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