The company said consolidated net revenues for the 13-week fiscal 2025 Q1 quarter, which ended December 29, 2024, were flat with the prior year at $9.4 billion. It said operating margin was 11.9%, down 390 basis points from a year earlier.

1. 01

   The company said consolidated net revenues for the 13-week fiscal 2025 Q1 quarter, which ended December 29, 2024, were flat with the prior year at $9.4 billion. It said operating margin was 11.9%, down 390 basis points from a year earlier.

2. 02

   Starbucks said global comparable store sales declined 4%, driven by a 6% decline in comparable transactions, which was partially offset by a 3% increase in average ticket. It also said North America and U.S. comparable store sales declined 4%.

3. 03

   The company said diluted earnings per share for Q1 were $0.69, down 23.3% from $0.90 a year earlier. It said net earnings attributable to Starbucks were $780.8 million.

4. 04

   Starbucks said net cash provided by operating activities for Q1 was $2,072.0 million, and it paid $691.9 million in cash dividends. The Board declared a cash dividend of $0.61 per share.

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Original filing

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