Starbucks 1Q North America Same-Store Sales Up 5%。

Starbucks Reports Q1 Fiscal 2024 Results Q1 Consolidated Net Revenues Up 8% to a Record $9.4 Billion Q1 Comparable Store Sales Up 5% Globally; Up 5% in North America; Up 7% in International Q1 GAAP EPS Up 22% to $0.90; Non-GAAP EPS Up 20% to $0.90 as Reinvention Unlocks Continued Efficiency Q1 Active U.S. Starbucks(R) Rewards Membership Reaches 34.3 Million, Up 13% Over Prior Year Q1 U.S. Card Loads Reaches a Record $3.6 Billion; Ranking as #2 U.S. Brand in Holiday Gift Card Activations SEATTLE–(BUSINESS WIRE)–January 30, 2024– Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal first quarter ended December 31, 2023. GAAP results in fiscal 2024 and fiscal 2023 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Q1 Fiscal 2024 Highlights — Global comparable store

By Heather Haddon Starbucks’s coffee sales are losing some steam. The world’s largest coffee chain said over the quarter ended Dec. 31 that its global same-store sales grew by 5%, down from the previous quarter and below analysts’ expectations. The Seattle company said it generated a record $9.4 billion in sales for its fiscal first quarter, up 8% from the prior-year period but missing analysts’ expectations of $9.6 billion. Earnings were 90 cents a share when accounting for one-time items. Analysts polled by FactSet expected 93 cents a share. Investors’ concerns have grown over Starbucks’s business in recent months, particularly in the U.S. and China where the coffee giant faces increasing competition. Chief executive Laxman Narasimhan said at a December investor conference that the company’s business faced headwinds, including geopolitical conflict and slowing U.S. consumer spending. Starbucks shares were down 14% over the last 12 months as of Monday’s close.