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Starbucks (SBUX)
NASDAQ:SBUX
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Earnings Data
Report Date
Jan 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.67Last Year’s EPS
0.9Same Quarter Last Year
Moderate Buy
Based on 19 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -1.64%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging period for Starbucks with disappointing financial results and strategic shifts needed to address operational inefficiencies and market challenges, especially in China. However, there are clear plans to reinvest in core offerings and improve customer experience, showing potential for stabilization and future growth.Company Guidance
During Starbucks' Q4 2024 earnings call, the company reported that the full-year EPS was $3.31, reflecting a 6% decline, partially due to a 1% unfavorable impact from a higher effective tax rate. The call highlighted an approximately 250 basis points improvement in margin through in-store and out-of-store efficiency efforts, which resulted in nearly $1 billion of cost reductions. Despite the challenging financial performance, Starbucks announced an increase in its quarterly cash dividend from $0.57 to $0.61 per share, marking the 14th consecutive annual increase with a CAGR of approximately 20%. The company suspended its fiscal year 2025 guidance to reassess its strategy and focus on a business turnaround, which includes reducing new store openings and renovations to reestablish Starbucks as a community coffee house, while also continuing to see strong performance from new stores, with 40% of U.S. company-operated stores experiencing positive comp growth in fiscal year 2024.Positive Comp Growth in U.S. Stores
Approximately 40% of U.S. company-operated stores had positive comp growth in full fiscal year 2024, with significant contributions from newer stores.
Increase in Quarterly Cash Dividend
Starbucks announced an annual increase in the quarterly cash dividend from $0.57 to $0.61 per share, marking the 14th consecutive year of annual increase at a CAGR of approximately 20%.
Operational Efficiencies Achieved
In-store and out-of-store efficiency efforts collectively delivered roughly 250 basis points of margin improvement for the full year, resulting in nearly $1 billion of cost reductions.
Reinvestment in Core Coffee Experience
Plans to eliminate the upcharge for nondairy milk and reintroduce condiment coffee bars by early 2025, aiming to enhance customer experience.
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SBUX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SBUX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $96.72 | $97.10 | +0.39% |
| Jul 30, 2024 | $75.02 | $77.00 | +2.64% |
| Apr 30, 2024 | $86.76 | $72.98 | -15.88% |
| Jan 30, 2024 | $91.69 | $90.66 | -1.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Starbucks (SBUX) report earnings?
Starbucks (SBUX) is schdueled to report earning on Jan 28, 2025, TBA Not Confirmed.
What is Starbucks (SBUX) earnings time?
Starbucks (SBUX) earnings time is at Jan 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBUX EPS forecast?
SBUX EPS forecast for the fiscal quarter 2025 (Q1) is 0.67.
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