---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-23-000051"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:23:12.177650+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Starbucks Q4 FY2023: Record revenue $9.4B, GAAP EPS $1.06 (+39% YoY), comp sales +8% globally

## Summary
- 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.

## SEC filing metadata
- accession: 0000829224-23-000051
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922423000051/0000829224-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922423000051/sbux-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-23-000051
- JSON: https://secwatch.observer/filing/0000829224-23-000051.json
- Plain text: https://secwatch.observer/filing/0000829224-23-000051.txt

## Key facts
- Earnings Releases
  STARBUCKS CORP reported Full Year Fiscal 2023 results: revenue $36.0 billion, EPS $3.58.
  - Period: Full Year Fiscal 2023
  - Revenue: $36.0 billion
  - EPS: $3.58
  - Result: reported results
  source text: China comparable store sales increased 2%, driven by a 4% increase in comparable transactions and 2% decline in average ticket • Consolidated net revenues up 12%, to a record $36.0 billion, or 14%, excluding a 2% unfavorable impact from foreign currency translation • GAAP operating margin of 16.3% increased from 14.3% in the prior year, primarily driven by pricing,
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000082922423000051/0000829224-23-000051-index.htm
- Earnings Releases
  STARBUCKS CORP reported the quarter ended October 1, 2023 results: revenue $9.4 billion, EPS $1.06.
  - Period: the quarter ended October 1, 2023
  - Revenue: $9.4 billion
  - EPS: $1.06
  - Result: reported results
  source text: press release is attached as Exhibit 99.1. --- EX-99.1 (EX-99.1) --- Starbucks Reports Q4 and Full Year Fiscal 2023 Results Q4 Consolidated Net Revenues Up 11% to a Record $9.4 Billion Q4 Comparable Store Sales Up 8% Globally; Up 8% in North America; Up 5% in International Q4 GAAP EPS $1.06; Non-GAAP EPS $1.06 Driven by Strong Global Performance; Reinvention
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000082922423000051/0000829224-23-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.