---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-24-000047"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T12:06:04.478157+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Starbucks reports preliminary Q4 global comp -7%, suspends FY2025 guidance, increases dividend

## Summary
- Q4 global comparable store sales -7%; net revenue $9.1B (-3%); GAAP EPS $0.80 (-25%).
- U.S. comp -6% (transactions -10%, ticket +4%); China comp -14% (ticket -8%, transactions -6%).
- Full FY2024 revenue $36.2B (+1%); GAAP EPS $3.31 (-8%); non-GAAP EPS $3.31 (-6%).
- FY2025 guidance suspended for strategic reset; quarterly dividend raised from $0.57 to $0.61.
- CEO Brian Niccol outlines 'Back to Starbucks' plan focusing on core coffeehouse experience and simplifying menu.

## SEC filing metadata
- accession: 0000829224-24-000047
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922424000047/0000829224-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922424000047/sbux-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-24-000047
- JSON: https://secwatch.observer/filing/0000829224-24-000047.json
- Plain text: https://secwatch.observer/filing/0000829224-24-000047.txt

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