secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000829224-24-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks Q3 FY2024: EPS $0.93, revenue down 1% to $9.1B, global comps -3%
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- GAAP and non-GAAP EPS $0.93, down 7% YoY; operating margin contracted 60 bps to 16.7%.
- Global comparable store sales declined 3%, with US -2% and China -14%.
- North America revenue +1% to $6.8B; International revenue -7% to $1.8B.
- 526 net new stores opened; total 39,477; US Rewards members 33.8M (+7% YoY).
- Dividend of $0.57 per share declared, payable Aug 30, 2024 to holders of record Aug 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000082922424000041/0000829224-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000082922424000041/sbux-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000829224-24-000041

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