earnings
confidence high
sentiment positive
materiality 0.75
Starbucks Q4 FY2023: Record revenue $9.4B, GAAP EPS $1.06 (+39% YoY), comp sales +8% globally
STARBUCKS CORP
2023-FY EPS reported
$3.58
revenue$35,975,600,000
- Q4 consolidated net revenues record $9.4B (+11% YoY); global comp store sales +8% driven by +4% ticket and +3% transactions.
- GAAP EPS $1.06 (+39% YoY); Non-GAAP EPS $1.06 (+31% YoY); operating margin expanded to 18.2% from 14.2%.
- North America segment rev $6.9B (+12%); operating margin 23.2% (+460 bps); U.S. Rewards members 32.6M (+14%).
- International segment rev $2.0B (+11%); China comp store sales +5%; global store count 38,038 (816 net new in Q4).
- Board declared dividend $0.57/share payable Nov 24; Q4 share repurchases $301.6M (3.1M shares); full-year FY2023 revenue $36.0B record.