Starbucks Corp (SBUX) Q2 2024 (USD): Adj. EPS 0.68 (exp. 0.79), Revenue 8.56bln (exp. 9.13bln), Comp. sales -4% (exp. +1.46%)
- Operating income 1.10bln (exp. 1.35bln).
- Adj. operating margin 12.8% (exp. 14.5%).
COMPARABLE SALES:
- Comp. sales -4% (exp. +1.46%).
- North America -3% (exp. +2.05%).
- US -3% (exp. +2.31%).
- International -6% (exp. +1.36%).
- China -11% (exp. -1.62%).
Via Business Wire
Reaction details (21:10)
-
SBUX -8.5% after-hours.
30 Apr 2024 - 21:06- Important- Source: Business Wire
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts