earnings
confidence high
sentiment negative
materiality 0.85
Starbucks Q4 revenue down 3% to $9.1B, EPS $0.80, comp sales decline 7%; suspends FY2025 guidance
STARBUCKS CORP
2024-FY EPS reported
$3.31
revenue$36,176,200,000
- Global comparable store sales fell 7% (transactions -8%, ticket +2%); U.S. comps -6%, China comps -14%.
- Q4 GAAP and non-GAAP EPS $0.80, down 25% YoY; operating margin contracted 380 bps to 14.4%.
- North America operating income fell 22% to $1.25B; margin contracted 450 bps to 18.7%.
- Full fiscal 2025 guidance suspended; CEO Brian Niccol appointed Sept 9, focusing on 'Back to Starbucks' turnaround.
- Quarterly dividend of $0.61/share declared, payable Nov 29 to holders of record Nov 15.