Starbucks Corporation (SBUX) Q4 2023 Earnings Results

Starbucks Beats on EPS, Stock Up 9.5%

Starbucks' strong EPS performance exceeded expectations, leading to a significant stock increase of 9.5%. The positive reaction reflects investor confidence in the company's ability to maintain growth, particularly in its core markets. However, the lack of revenue data and guidance leaves some uncertainty about future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.06	N/A	+9.62%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the quarterly EPS results, highlighting strong performance in key markets. They emphasized ongoing efforts to enhance customer experience.

We are pleased with our performance this quarter, particularly in our core markets.

Our focus on customer experience continues to drive growth.

Starbucks Beats on EPS, Stock Up 9.5%

Key numbers

Management commentary

Starbucks Corporation

More earnings this week

Starbucks Beats on EPS, Stock Up 9.5%

Key numbers

Management commentary