NASDAQ$SBUX
Starbucks Corp · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Starbucks' Q4 2024 results reflected a challenging customer experience, with management developing a plan to revitalize the company.
Starbucks reported a 3% decrease in consolidated net revenues, totaling $9.1 billion. Global comparable store sales declined by 7%, driven by an 8% decrease in comparable transactions. GAAP and Non-GAAP EPS were $0.80, a 25% decrease year-over-year.
- Global comparable store sales decreased by 7%, with an 8% decline in comparable transactions.
- North America and U.S. comparable store sales declined by 6%, driven by a 10% drop in comparable transactions.
- International comparable store sales decreased by 9%, with China experiencing a 14% decline.
- The company opened 722 net new stores, bringing the total store count to 40,199.
Headline financials
Revenue & EPS history
Starbucks · Revenue · Quarterly
$9.07B
Revenue by segment
Starbucks · $9.37B total across 3 segments · Q4 2023
- Company-operated$7.68B+11.3%81.9%
- Licensed stores$1.19B+18.9%12.7%
- Other$506M-1.6%5.4%
Forward guidance
Starbucks has suspended guidance for the full fiscal year 2025 due to the CEO transition and current business state. The company plans to assess the business, solidify key strategies, and stabilize the business for long-term growth. Initial information regarding the new strategies will be provided during the Q4 and full fiscal year 2024 earnings conference call.
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 Q4 2024
+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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