NASDAQ$SBUX
Starbucks Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Starbucks demonstrated strong performance with comparable store sales growth and expansion of the Global Coffee Alliance.
Starbucks reported a strong first quarter in fiscal year 2020, with global comparable store sales up 5%, driven by growth in the U.S. and China. The company opened 539 net new stores and saw a 7% increase in consolidated net revenues. GAAP EPS was $0.74, and non-GAAP EPS was $0.79.
- Global comparable store sales increased by 5%, with a 6% rise in the U.S. and a 3% rise in China.
- Net new store openings totaled 539, resulting in a 6% increase in global store count year-over-year.
- Consolidated net revenues grew by 7% to $7.1 billion.
- Starbucks Rewards loyalty program in the U.S. grew to 18.9 million active members, a 16% increase year-over-year.
Headline financials
Revenue & EPS history
Starbucks · Revenue · Quarterly
$7.1B
Revenue by segment
Starbucks · $7.1B total across 3 segments · Q1 2020
- Company-operated$5.78B—81.5%
- Licensed stores$792M—11.2%
- Other$524M—7.4%
Forward guidance
The company's fiscal year 2020 guidance is unchanged from what was provided in conjunction with its Q4 fiscal 2019 earnings report, which excludes any impact of the coronavirus. The company will update its guidance for fiscal 2020 when they can reasonably estimate the impact of the coronavirus.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.2%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+1.7%
Avg return
30 days after
51%
37 / 73 earnings
Positive
+12.4%
Q4 2023
Best reaction
-15.7%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.1% | +7.9% | +1.9% | |
| Q1 2026 | -0.8% | -4.2% | +2.4% | |
| Q4 2025 | -0.9% | -5.4% | +3.5% | |
| Q3 2025 | -0.2% | -3.4% | -5.1% | |
| Q2 2025 | -5.7% | -3.8% | -1.1% | |
| Q1 2025 | +8.1% | +7.7% | +15.3% | |
| Q4 2024 | +0.3% | +0.9% | +3.7% | |
| Q3 2024 | +3.7% | +0.9% | +26.1% | |
| Q2 2024 | -15.7% | -17.2% | -10.8% | |
| Q1 2024 | -0.8% | -0.9% | +1.2% | |
| Q4 2023 | +12.4% | +13.5% | +8.6% | |
| Q3 2023 | +0.6% | -0.9% | -4.1% | |
| Q2 2023 | -9.3% | -6.4% | -14.9% | |
| Q1 2023 | -5.2% | -2.9% | -4.9% | |
| Q4 2022 | +8.6% | +9.7% | +24.2% | |
| Q3 2022 | +2.8% | +1.0% | +0.6% | |
| Q2 2022 | +8.3% | +1.5% | +5.4% | |
| Q1 2022 | -0.6% | -3.4% | -6.9% | |
| Q4 2021 | -6.6% | -1.8% | -2.5% | |
| Q3 2021 | -2.9% | -3.7% | -9.3% | |
| Q2 2021 | -3.0% | -1.2% | -2.1% | |
| Q1 2021 | -5.4% | -6.4% | +0.0% | |
| Q4 2020 | -0.2% | +1.4% | +13.2% | |
| Q3 2020 | +1.3% | +0.1% | +9.1% | |
| Q2 2020 | -1.1% | -5.1% | +1.0% | |
| Q1 2020 | -2.3% | -4.4% | -11.8% | |
| Q4 2019 | +0.5% | -2.1% | +1.5% | |
| Q3 2019 | +9.3% | +6.6% | +4.5% | |
| Q2 2019 | +1.4% | +1.7% | -0.3% | |
| Q1 2019 | +1.0% | +0.9% | +7.3% | |
| Q4 2018 | +10.4% | +13.3% | +14.5% | |
| Q3 2018 | +1.0% | +1.5% | +2.2% | |
| Q2 2018 | +1.1% | +0.7% | +0.4% | |
| Q1 2018 | -4.7% | -6.0% | -7.7% | |
| Q4 2017 | +1.6% | +3.8% | +4.0% | |
| Q3 2017 | -6.8% | -5.5% | -6.2% | |
| Q2 2017 | -2.4% | -1.7% | +2.8% | |
| Q1 2017 | -4.4% | -5.9% | -2.1% | |
| Q4 2016 | -0.4% | +3.1% | +8.0% | |
| Q3 2016 | +0.6% | +1.3% | -4.5% | |
| Q2 2016 | -5.3% | — | — | |
| Q1 2016 | +4.0% | — | — | |
| Q4 2015 | -1.5% | — | — | |
| Q3 2015 | +1.1% | — | — | |
| Q2 2015 | +7.2% | — | — | |
| Q1 2015 | +8.5% | — | — | |
| Q4 2014 | -1.3% | — | — | |
| Q3 2014 | -0.5% | — | — | |
| Q2 2014 | +1.5% | — | — | |
| Q1 2014 | +1.9% | — | — | |
| Q4 2013 | +1.8% | — | — | |
| Q3 2013 | +10.1% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | +4.3% | — | — | |
| Q4 2012 | +10.8% | — | — | |
| Q3 2012 | -5.8% | — | — | |
| Q2 2012 | -3.5% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | -7.8% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q1 2011 | +3.5% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q2 2010 | -3.5% | — | — | |
| Q1 2009 | +0.8% | — | — | |
| Q1 2010 | +0.7% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q4 2009 | +0.4% | — | — | |
| Q4 2007 | +0.4% | — | — | |
| Q3 2009 | -2.1% | — | — | |
| Q4 2008 | -2.1% | — | — | |
| Q3 2008 | -2.1% | — | — |
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