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Apr 02, 2023
Starbucks Q2 2023 Earnings Report
Starbucks' Q2 2023 financial performance reflected strong global revenue growth and increased comparable store sales.
Key Takeaways
Starbucks reported a 14% increase in consolidated net revenues, reaching $8.7 billion. Global comparable store sales rose by 11%, driven by transaction growth and average ticket increases. GAAP EPS was $0.79, while non-GAAP EPS was $0.74, reflecting stronger-than-expected performance globally.
Global comparable store sales increased 11%, driven by transaction and ticket growth.
North America comparable store sales increased 12%, with growth in both transactions and average ticket.
International comparable store sales increased 7%, with China showing a 3% increase.
The company opened 464 net new stores, bringing the total global store count to 36,634.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company will discuss fiscal year 2023 financial targets during its Q2 FY23 earnings conference call starting today at 2:00 p.m. Pacific Time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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