secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0000829224-25-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks Q2 FY25 GAAP EPS $0.34, down 50% YoY; revenue $8.8B +2%
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- Global comparable store sales fell 1%, with U.S. down 2% on 4% fewer transactions.
- GAAP operating margin contracted 590 bps to 6.9%; non-GAAP margin down 460 bps to 8.2%.
- North America operating income fell 35% to $748M; margin down 640 bps to 11.6%.
- Laid off 1,100 support partners; Cathy Smith appointed CFO effective March 24.
- Dividend declared $0.61 per share, payable May 30 to holders of record May 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000082922425000033/0000829224-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000082922425000033/sbux-20250429.htm
  HTML page:      https://secwatch.observer/filing/0000829224-25-000033

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