Starbucks said it reported 13-week results for Q3, with the quarter ended June 30, 2024, showing consolidated net revenues of $9.1 billion, down 1% (up 1% on a constant currency basis), and GAAP and non-GAAP EPS of $0.93 each, while global comparable store sales declined 3%.

1. 01

   Starbucks said it reported 13-week results for Q3, with the quarter ended June 30, 2024, showing consolidated net revenues of $9.1 billion, down 1% (up 1% on a constant currency basis), and GAAP and non-GAAP EPS of $0.93 each, while global comparable store sales declined 3%.

2. 02

   The company said North America operating income for Q3 fell to $1,432.7 million, with operating margin at 21.0%, down 70 basis points, and International operating income fell to $287.5 million, down 15.6%, with operating margin down 340 basis points.

3. 03

   The company said Channel Development operating income for Q3 rose to $235.2 million and operating margin expanded to 53.7%, citing sales mix shift and other factors.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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