Post-earnings recap
Reported
Thu, Feb 2, 2023
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
38%
—
Est. EPS
—
Est. Rev
—
Impl. Move
—
Starbucks reported an EPS of $0.75, slightly missing expectations, which contributed to a 0.76% decline in stock price. The company is facing supply chain challenges but remains focused on improving customer experience and expanding its store locations. Investors may be concerned about the lack of guidance, which could indicate uncertainty in the near term.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.75 | N/A | -2.34% |
Management expressed cautious optimism about future growth despite current challenges. They are focusing on enhancing customer experience and expanding their footprint.
Management highlighted ongoing challenges in the supply chain.
They emphasized a focus on improving customer experience.
There was a mention of plans to expand store locations.