secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0000829224-25-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks Q1 EPS $0.69 (-23% YoY), global comps -4%, operating margin contracts 390 bps
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- Q1 consolidated net revenues $9.4B flat YoY; EPS $0.69 down 23% from $0.90.
- Global comparable store sales -4% (transactions -6%, ticket +3%); U.S. -4% (transactions -8%, ticket +4%); China -6%.
- Operating margin 11.9%, down 390 bps; North America segment margin 16.7% (down 470 bps).
- Board declared $0.61/share dividend, payable Feb 28, 2025; 59th consecutive quarterly payout.
- Mellody Hobson will not stand for re-election; Belinda Wong retired as Starbucks China chairwoman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000082922425000013/0000829224-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000082922425000013/sbux-20250128.htm
  HTML page:      https://secwatch.observer/filing/0000829224-25-000013

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