# Starbucks Corporation (SBUX) — Q3-2024 Earnings Results

**Report date:** 2024-07-30 (after market close)  
**Sector:** Consumer Discretionary / Restaurants  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/SBUX/earnings/Q3-2024

## Post-Earnings Brief

### Headline

Starbucks Misses on EPS, Stock Up 0.98%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.93 | N/A | -0.21% |

### Management Commentary

**Tone:** Cautiously Optimistic

Management expressed confidence in customer loyalty and engagement. They emphasized ongoing efforts to improve the overall customer experience.

**Key quotes:**

> We continue to see strong customer engagement and loyalty.

> Our focus remains on enhancing the customer experience.

### Guidance Changes

No forward guidance was provided in this earnings report.

### What It Means

Starbucks reported an EPS of $0.93, slightly missing expectations. Despite this, the stock rose by 0.98%, likely due to positive sentiments around customer loyalty and engagement strategies discussed in the earnings call. Investors may be encouraged by management's focus on enhancing the customer experience.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/SBUX/earnings/Q3-2024_