---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-24-000011"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:31:22.133848+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Starbucks Q1 FY2024: Record revenue $9.4B, EPS $0.90 (+22%), global comps +5%

## Summary
- Q1 consolidated net revenues up 8% to record $9.4B; GAAP EPS $0.90 (+22%), non-GAAP EPS $0.90 (+20%).
- Global comparable store sales +5%: North America +5% (ticket +4%), International +7% (transactions +11%). China comps +10%.
- North America operating margin expanded 290 bps to 21.4% on sales leverage; International margin contracted 120 bps to 13.1%.
- U.S. Starbucks Rewards active members 34.3M (+13% YoY); record U.S. card loads $3.6B.
- Opened 549 net new stores (total 38,587); repurchased 12.8M shares for $1.3B; dividend $0.57/share payable Feb 23.

## SEC filing metadata
- accession: 0000829224-24-000011
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922424000011/0000829224-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922424000011/sbux-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-24-000011
- JSON: https://secwatch.observer/filing/0000829224-24-000011.json
- Plain text: https://secwatch.observer/filing/0000829224-24-000011.txt

## Key facts
- Earnings Releases
  STARBUCKS CORP reported the quarter ended December 31, 2023 results: EPS GAAP earnings per share of $0.90.
  - Period: the quarter ended December 31, 2023
  - EPS: GAAP earnings per share of $0.90
  - Result: reported results
  source text: On January 30, 2024, Starbucks Corporation issued a press release announcing its financial results for the quarter ended December 31, 2023. A copy of the press release is attached as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000082922424000011/0000829224-24-000011-index.htm

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