Starbucks

Q1 2026 -0.79%Q4 2025 -0.92%Q3 2025 -0.27%Q2 2025 -5.66%Q1 2025 +8.14%Q4 2024 +0.32%Q3 2024 +3.66%Q2 2024 -15.73%Q1 2024 -0.82%Q4 2023 +12.37%Q3 2023 +0.55%Q2 2023 -9.25%Q1 2023 -5.17%Q4 2022 +8.61%Q3 2022 +2.78%Q2 2022 +8.32%Q1 2022 -0.60%Q4 2021 -6.55%Q3 2021 -2.90%Q2 2021 -3.04%Q1 2021 -5.39%Q4 2020 -0.24%Q3 2020 +1.26%Q2 2020 -1.13%Q1 2020 -2.27%Q4 2019 +0.51%Q3 2019 +9.33%Q2 2019 +1.39%Q1 2019 +0.99%Q4 2018 +10.38%Q3 2018 +1.03%Q2 2018 +1.13%Q1 2018 -4.67%Q4 2017 +1.63%Q3 2017 -6.80%Q2 2017 -2.44%Q1 2017 -4.40%Q4 2016 -0.43%Q3 2016 +0.63%Q2 2016 -5.29%Q1 2016 +3.95%Q4 2015 -1.48%Q3 2015 +1.06%Q2 2015 +7.24%Q1 2015 +8.51%Q4 2014 -1.28%Q3 2014 -0.51%Q2 2014 +1.51%Q1 2014 +1.88%Q4 2013 +1.81%Q3 2013 +10.12%Q2 2013 +0.27%Q1 2013 +4.33%Q4 2012 +10.76%Q3 2012 -5.83%Q2 2012 -3.50%Q1 2012 +0.17%Q4 2011 -0.86%Q3 2011 -7.75%Q2 2011 -1.04%Q1 2011 +3.48%Q4 2010 -1.17%Q3 2010 -0.56%Q2 2010 -3.53%Q1 2009 +0.81%Q1 2010 +0.68%Q2 2009 +0.37%Q4 2007 +0.37%Q4 2009 +0.37%Q3 2008 -2.14%Q3 2009 -2.14%Q4 2008 -2.14%

Aug 02, 2022

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Jul 03, 2022

Starbucks Q3 2022 Earnings Report

Starbucks' Q3 2022 results demonstrated record revenue performance driven by strong customer demand and effective investment execution amidst macroeconomic challenges.

Key Takeaways

Starbucks reported a 9% increase in consolidated net revenues, reaching a quarterly record of $8.2 billion. Global comparable store sales rose by 3%, with significant growth in the U.S. (9%) and internationally (excluding China). GAAP EPS was $0.79, while non-GAAP EPS reached $0.84, boosted by U.S. performance and global demand outside of China. The U.S. Starbucks Rewards membership increased by 13% to 27.4 million active members.

Global comparable store sales increased by 3%, driven by a 6% rise in average ticket, partially offset by a 3% decline in transactions.

North America comparable store sales increased by 9%, fueled by an 8% increase in average ticket and a 1% increase in transactions.

International comparable store sales decreased by 18%, influenced by a 15% decline in transactions and a 4% decrease in average ticket; China comparable store sales decreased 44%.

The company expanded its global presence by opening 318 net new stores in Q3, reaching a total of 34,948 stores, with 51% company-operated and 49% licensed.