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Oct 03, 2021
Starbucks Q4 2021 Earnings Report
Starbucks reported record Q4 and full year fiscal 2021 results.
Key Takeaways
Starbucks reported a strong finish to fiscal 2021 with record performance in the fourth quarter. Consolidated net revenues grew by 31% to a record $8.1 billion, and global comparable store sales increased by 17%. The company is also committing to $20 billion of share repurchases and dividends over the next three years and announced historic investments in its partners (employees).
Global comparable store sales increased 17%, driven by a 15% increase in comparable transactions and a 2% increase in average ticket.
North America comparable store sales increased 22%, primarily driven by an 18% increase in comparable transactions and a 3% increase in average ticket.
The company opened 538 net new stores in the fourth quarter of fiscal 2021, ending the period with a record 33,833 stores globally.
GAAP earnings per share of $1.49 grew from $0.33 in the prior year, and non-GAAP earnings per share of $1.00 grew from $0.51 in the prior year.
Starbucks
Starbucks
Starbucks Revenue by Segment
Starbucks Revenue by Geographic Location
Revenue by Segment
Company-operated Revenue
CapyFin.comLicensed stores Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.comChannel Dev. Revenue
CapyFin.comCorporate/Other Revenue
CapyFin.com Forward Guidance
The company will introduce fiscal year 2022 financial targets during its Q4 FY21 earnings conference call starting today at 2:00 p.m. Pacific Time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income