Reuters
2022.08.03 04:57

Starbucks Reports Q3 GAAP EPS of $0.79

Aug 2 (Reuters) - Starbucks Corp:

Aug 2 (Reuters) - Starbucks Corp (SBUX.O) :

  • ‍​QTRLY GAAP EARNINGS PER SHARE $0.79; QTRLY ADJUSTED EARNINGS PER SHARE $0.84; QTRLY CONSOLIDATED GLOBAL NET REVENUE UP 9% TO $8.2 BILLION

  • ‍​QTRLY RESULTS DRIVEN BY U.S. PERFORMANCE AND GLOBAL DEMAND OUTSIDE OF CHINA

  • ‍​QTRLY GLOBAL COMPARABLE SALES UP 3%

  • ‍​QTRLY U.S. COMPARABLE SALES UP 9%; QTRLY INTERNATIONAL COMPARABLE SALES UP DOUBLE DIGITS EXCLUDING CHINA

  • QTRLY CHINA COMPARABLE SALES DOWN 44%; QTRLY INTERNATIONAL COMPARABLE SALES INCLUDING CHINA DOWN 18%

  • Q3 EARNINGS PER SHARE VIEW $0.75, REVENUE VIEW $8.11 BILLION – REFINITIV IBES DATA

  • ‍​QTRLY STARBUCKS REWARDS MEMBERS UP 13% TO 27.4 MILLION IN THE U.S.

  • ‍​GUIDANCE REMAINS SUSPENDED FOR THE BALANCE OF THIS FISCAL YEAR

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