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HomeMarketSBUX Earnings: All it's good to learn about Starbucks’ Q3 2024 earnings...

SBUX Earnings: All it’s good to learn about Starbucks’ Q3 2024 earnings outcomes | AlphaStreet

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Starbucks Company (NASDAQ: SBUX) reported its third quarter 2024 earnings outcomes at this time.

Consolidated internet revenues declined 1% year-over-year to $9.1 billion. On a relentless foreign money foundation, revenues grew 1%.

World comparable retailer gross sales declined 3%.

Internet earnings attributable to Starbucks decreased 7.6% to $1.05 billion in comparison with final 12 months.

GAAP EPS decreased 6% to $0.93. Adjusted EPS declined 7% to $0.93.

Revenues missed expectations whereas earnings got here in keeping with estimates.

The corporate opened 526 new shops in Q3, ending the interval with 39,477 shops.

The inventory rose over 1% in aftermarket hours on Tuesday.  

Prior efficiency

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