SBUX Earnings Prediction
The chart below shows how SBUX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SBUX sees a -3.40% change in stock price 10 days leading up to the earnings, and a +2.65% change 10 days following the report. On the earnings day itself, the stock moves by +1.12%. This data can give you a slight idea of what to expect for the next quarter's release.
SBUX Key Earning Data
SBUX Earnings Analysis
Positive
Revenue Stability with Store Growth: Total company revenue reached $940 million, flat to the prior year, with a 7% net new company-operated store growth over the past twelve months.
Store Sales Improvement: U.S. comparable store sales improved sequentially throughout the quarter, particularly in the morning day part, as non-Starbucks rewards customer traffic grew quarter over quarter.
U.S. Ticket Growth Analysis: Ticket growth in the U.S. remained strong at 4%, benefiting from prior year pricing and fewer discounts, which helped offset the mix shift into lower-priced beverages.
Global Store Expansion: Starbucks opened 377 net new stores globally, with nearly 90% revenue incrementality from new company-operated stores in the U.S.
Non-Dairy Customization Growth: The company saw a significant increase in non-dairy customizations, growing mid-single digits year over year after a double-digit decline in the prior year.
Negative
Comparable Store Sales Decline: Global comparable store sales declined by 4%, primarily driven by a 4% decline in the U.S., indicating a significant drop in customer traffic and sales performance.
Operating Margin Contraction: Consolidated operating margin contracted by 380 basis points to 11.9%, primarily due to increased labor costs and the removal of the extra charge for non-dairy milk customizations, reflecting pressure on profitability.
EPS Decline Analysis: Earnings per share (EPS) decreased by 22% year-over-year to $0.69, primarily due to margin contraction and heightened investments, signaling a decline in overall financial performance.
Rising General and Administrative Expenses: General and administrative expenses (G&A) are expected to be higher than the prior year, driven by restructuring charges and lower performance-based compensation, indicating increased operational costs without immediate returns.
EPS Forecast Challenges: The company anticipates that EPS will be the lowest in the first quarter of fiscal year 2025 due to seasonality and organizational restructuring, suggesting ongoing financial challenges ahead.
SBUX FAQs
How does SBUX typically perform around its earnings report dates?
SBUX's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -3.40% change leading up to the report and a +2.65% change in the 10 days following the release.
Is Starbucks Corp (SBUX) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SBUX Earning Call Sentiment
Earnings call transcript: Starbucks Q4 2024 beats EPS forecast, stock rises
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