secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000829224-23-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks Q3 revenue record $9.2B, EPS beats: GAAP $0.99, adj $1.00, global comp +10%
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- Consolidated net revenue up 12% to $9.2B; GAAP EPS $0.99 (+25%), non-GAAP EPS $1.00 (+19%).
- Global comparable store sales +10%; North America +7%, International +24%, China +46%.
- Opened 588 net new stores, ending Q3 with 37,222 stores globally.
- Board declared $0.53/share dividend payable Aug 25; repurchased 2.0M shares for $204M in Q3.
- Operating margin expanded to 17.3% GAAP (17.4% non-GAAP) driven by sales leverage and pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000082922423000042/0000829224-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000082922423000042/sbux-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000829224-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer