Starbucks today announced its Q3 FY20 earnings results, providing insight into the company’s continued road to recovery from the COVID-19 pandemic. Full details on the company’s financial results, can be found <a href="https://stories.starbucks.com/press/2020/starbucks-reports-q3-fiscal-2020-results/" target="_blank" rel="noreferrer noopener">here</a>.

core/paragraph

As part of Starbucks quarterly earnings call, Starbucks president and ceo Kevin Johnson will provide specifics on the improving business results the company is driving through COVID-19 as well as details of how Starbucks is playing offense by accelerating key strategic initiatives that further differentiate Starbucks and reinforce the long-term, sustainable growth opportunity ahead.

“We are pleased to share that the vast majority of Starbucks stores around the world have reopened and our global business is steadily recovering, demonstrating the relevance of the Starbucks brand and the trust we have built with our customers,” said Johnson. “As we continue to drive the recovery, we are also building resilience for the future by accelerating the transformation of our business in ways that will elevate the customer and partner experience and drive long-term growth. We firmly believe that we are well positioned to regain the positive business momentum we had before the pandemic began and look forward to reigniting our 'Growth at Scale' agenda.”

core/heading

1. Starbucks recovery strategy is working as company sees meaningful improvements in both sales and profitability as the quarter unfolded: At the close of Q3,96% of Starbucks company-operated stores were open in the U.S. (up from 44% at the beginning of the quarter), and the company saw weekly U.S. comps steadily improve throughout the quarter. Through the quarter, the company posted all-time-high customer connection scores as customers returned, indicating the strength of the recovery across the businesses.

On the call with investors, Johnson shared, “With the vast majority of stores around the world now reopened, we saw meaningful improvements in both sales and profitability as the quarter unfolded. Additionally, customer affinity for Starbucks is very strong as demonstrated by improvements in our customer connection scores, growth in customer loyalty, and market share gains.&nbsp; While we anticipate these improvements to continue, our balance sheet and the strategic actions we have taken have positioned Starbucks to weather a more protracted disruption in global economic activity.”

2. Company stays ahead of evolving customer behaviors with flexible store and digital experiences: Today, customers are seeking safe, familiar, and convenient experiences in many aspects of their lives—and in that regard, Starbucks digital assets have proven to be a competitive advantage. Mobile Order and Pay reached a record 22% of transactions in Q3, thanks in part to the contactless approach in stores. Delivery usage tripled in Q3 from the prior quarter and, Starbucks has begun rolling out curbside pickup with positive early results. Further, with plans for 700-1,000 Curbside locations and 50 new Starbucks PickUp locations, the company is well positioned to drive further recovery by increasing throughput.

Johnson further noted, “In response to clear shifts in consumer behavior and preferences, we are now accelerating strategic initiatives for the future and positioning Starbucks for continued long-term growth.&nbsp; We have moved aggressively to advance our evolution of the store base to accommodate trends that we have long seen emerging in our business that were only exacerbated by COVID-19.

3. Starbucks sees growing customer loyalty and readies to enhance the program this Fall: In Q3, the Starbucks Rewards™ loyalty program as a percentage of tender rose four percentage points from a year ago to 46% - above the pre-COVID trend – with year-over-year sales growth from Starbucks Rewards customers turning positive in early July. Earlier this month, the company <a href="https://stories.starbucks.com/stories/2020/starbucks-to-offer-rewards-members-more-ways-to-pay-and-earn-stars/">announced plans to build on this momentum in the Fall</a>, when it introduces a new, pay-as-you-go option for Starbucks Rewards members in the U.S. and Canada.

To investors, Johnson offered, “In every industry, there are periods of disruption that create great opportunity for those businesses that adapt to the disruption, invest in relevant ways, and strengthen their differentiation and competitive advantage. Those businesses that fail to evolve, typically fall behind. Given the strength of our brand, our advanced digital capabilities and our strong balance sheet, I believe this is one of those rare opportunities to move aggressively and further differentiate Starbucks from our competition.”

4. Demand for Starbucks at-home coffee soars: In a quarter where at-home coffee consumption has soared, Starbucks Channel Development business has gained market share as customers adjust to their at-home routines. Through the Global Coffee Alliance with Nestlé, combined with the company’s ready-to-drink partners Pepsico and Tingyi, Starbucks has extended the ability to meet customers where they are.

“This has been a quarter where demand for at-home coffee has soared and our Channel Development business has demonstrated tremendous resilience and gained market share as customers adjust to their at-home routines,” Johnson said.

core/button

Starbucks today announced its Q3 FY20 earnings results, providing insight into the company’s continued road to recovery from the COVID-19 pandemic.

Starbucks provides financial report for Q3 Fiscal Year 2020 results

Stories to inspire and nurture the human spirit

Starbucks Stories

https://stories.starbucks.com/uploads/2019/01/Photo_TBD-320x411_1-1.jpg

Starbucks Corporation

Key takeaways from Starbucks Q3 FY20 earnings results

https://stories.starbucks.com/uploads/2020/07/SBX20200728-Q3EarningsBrief-Feature.jpg

https://stories.starbucks.com/press/2020/starbucks-provides-financial-report-for-q3-fiscal-year-2020-results/

twitter:card

twitter:description

https://stories.starbucks.com/uploads/2020/07/SBX20200728-Q3EarningsBrief-Feature-1024x498.jpg

twitter:image

twitter:title

Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 29, 2020.&nbsp;

As part of the earnings report, the company shared it continues to focus on three key principles as it navigates through COVID-19: prioritize the well-being of partners (employees) and customers, support health and government officials, and responsibly serve its communities.

Through this approach, the company noted it is showing steady business improvement in China, where nearly all stores have opened with modified operations. In the U.S., Starbucks is entering the “monitor and adapt” phase, where it will open many more stores under modified formats and with best-in-class safety protocols.

The Starbucks executive team will share more details on Q1 earning during a call at 2 p.m. PT. You can listen here: <a href="https://investor.starbucks.com/press-releases/financial-releases/press-release-details/2020/Starbucks-Announces-Q2-Fiscal-Year-2020-Results-Conference-Call/default.aspx">Investor Relations</a>.

For more details on full Q1 earnings, visit <a rel="noreferrer noopener" href="https://stories.starbucks.com/press/2020/starbucks-reports-q2-fiscal-2020-results/" target="_blank">here</a>.

Starbucks provides financial report for Q2 Fiscal Year 2020 results - Starbucks Stories

Starbucks provides financial report for Q2 Fiscal Year 2020 results

As part of the earnings report, the company shared it continues to focus on three key principles as it navigates through COVID-19.

https://stories.starbucks.com/uploads/2020/04/SBX20200428-Earnings1-Feature.jpg

https://stories.starbucks.com/press/2020/starbucks-provides-financial-report-for-q2-fiscal-year-2020-results/

https://stories.starbucks.com/uploads/2020/04/SBX20200428-Earnings1-Feature-1024x498.jpg

Q2 Consolidated Net Revenues of $6.0 Billion, Down 5% from Prior Year Due to Adverse Impact of COVID-19

Q2 GAAP EPS of $0.28; Non-GAAP EPS of $0.32 Reflecting Material Sales Deleverage and Retail Partner Support

COVID-19 Impacts Expected to Intensify in Q3 and Moderate in Q4

Substantial Recovery in China Expected by End of Fiscal 2020

SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter ended March&nbsp;29, 2020.&nbsp; GAAP results in fiscal 2020 and fiscal 2019 include items which are excluded from non-GAAP results.&nbsp; Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.

“People around the world are united around a common cause as we navigate the COVID-19 situation globally.&nbsp; We are very grateful for the heroic efforts of medical personnel, first responders, government officials and volunteers who are working tirelessly in the service of others.&nbsp; I am exceptionally proud of the thousands of Starbucks partners around the world who are safely serving customers and playing a positive role in every community we serve,” said Kevin Johnson, president and ceo.&nbsp;

“Since the beginning of this global crisis, Starbucks has made decisions that prioritize the well-being of our partners and customers, support health and government officials, and responsibly serve our communities.&nbsp; This principled approach is showing steady business improvement in China where today, substantially all existing Starbucks® stores have reopened with modified operations, new store locations are being added and customer engagement continues to grow with each passing week.&nbsp; We are leveraging our experience in China to inform our actions in other markets, including the U.S., where we are now entering the “monitor and adapt” phase to reopen many more stores with best-in-class safety protocols.&nbsp; We continue to navigate this dynamic situation — which we believe is temporary — and are confident that Starbucks will emerge from this global crisis even stronger than before,” concluded Johnson.

PDF: <a href="https://stories.starbucks.com/uploads/2020/04/Starbucks-Q2FY20-Earnings-Release.pdf">Detailed financial data</a>

Q2 Fiscal 2020 Highlights

core/list

core/separator

Visit the&nbsp;<a href="https://investor.starbucks.com/ir-home/default.aspx">Investor Relations page</a>&nbsp;to access the&nbsp;<a href="https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/33693/indexl.html">live audio webcast</a>.

Starbucks Reports Q2 Fiscal 2020 Results - Starbucks Stories

"I am exceptionally proud of the thousands of Starbucks partners around the world who are safely serving customers and playing a positive role in every community we serve,” said Kevin Johnson, president and ceo.

https://stories.starbucks.com/uploads/2020/04/SBX20200428-Earnings2-Feature.jpg

https://stories.starbucks.com/press/2020/starbucks-reports-q2-fiscal-2020-results/

https://stories.starbucks.com/uploads/2020/04/SBX20200428-Earnings2-Feature-1024x498.jpg

Starbucks Reports Q2 Fiscal 2020 Results

Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended December 29, 2019.

Starbucks delivered a strong start to fiscal 2020, fueled by a healthy balance of comp sales growth and new store development, continued expansion of the Global Coffee Alliance and significant margin expansion.

Q1 Fiscal 2020 Highlights include:

The Starbucks executive team will share more details on Q1 earning during a call at 2pm PT. You can listen here: <a href="https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/33692/indexl.html">Investor Relations</a>.

For more details on full Q1 earnings, visit: 

Starbucks announces record Q1 results - Starbucks Stories

Starbucks delivered a strong start to fiscal 2020, fueled by a healthy balance of comp sales growth and new store development, continued expansion of the Global Coffee Alliance.

https://stories.starbucks.com/uploads/2020/01/SBX2020128-Q1FY20-Earnings-feauture.jpg

https://stories.starbucks.com/press/2020/starbucks-announces-record-q1-results/

https://stories.starbucks.com/uploads/2020/01/SBX2020128-Q1FY20-Earnings-feauture-1024x498.jpg

Starbucks announces record Q1 results

SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended December&nbsp;29, 2019. GAAP results in fiscal 2020 and fiscal 2019 include items which 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.

core/image

https://stories.starbucks.com/uploads/2020/01/Q1-FY20-Financial-Results.pdf

core/file

https://stories.starbucks.com/uploads/2020/01/Non-GAAP-Reconciliation-Tables.pdf

Infographic: Starbucks Reports Q1 Fiscal 2020 Results - Starbucks Stories

Infographic: Starbucks Reports Q1 Fiscal 2020 Results

Starbucks today reported financial results for its 13-week fiscal first quarter ended December 29, 2019.

https://stories.starbucks.com/press/2020/infographic-starbucks-q1-fy20-earnings/

Q1 Comparable Store Sales Up 5% Globally, Led by 6% Comp Growth in the U.S. and 3% Comp Growth in China

Global Net Store Growth of 6% Versus Prior Year, Led by 16% Net Store Growth in China

GAAP EPS of $0.74; Non-GAAP EPS of $0.79

Active Starbucks® Rewards Membership in the U.S. Up 16% Year-Over-Year to 18.9 Million

SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended December&nbsp;29, 2019. GAAP results in fiscal 2020 and fiscal 2019 include items which 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.

“Building on solid business momentum from fiscal 2019, Starbucks performed very well throughout the first quarter, including one of the strongest holiday seasons in the history of our company. As a result, we are off to a strong start in fiscal 2020,” said Kevin Johnson, president and ceo. “Our growth was fueled by a healthy balance of comparable sales growth and new store development, as well as continued expansion of our Global Coffee Alliance with Nestlé.&nbsp; Investments in our partners, beverage innovation and digital customer relationships contributed not only to strong topline growth, but also significant margin expansion in the quarter.”

“Our partners are the center of creating a special Starbucks Experience for each and every customer we serve, and I am very grateful for their extraordinary efforts through this holiday quarter. As we begin our fiscal second quarter, I want to acknowledge the dynamic situation our partners in China are navigating as health officials respond to the coronavirus. As events unfold, we will be transparent with all stakeholders in communicating how we are responding to these extraordinary circumstances and the implications for our near-term business results. We remain optimistic and committed to the long-term opportunity in China, building on our brand heritage and 20-year legacy of profitable growth,” concluded Johnson.

PDF: <a href="https://stories.starbucks.com/uploads/2020/01/Starbucks-Q1-FY20-Earnings-Release.pdf">Detailed financial data</a>

Q1 Fiscal 2020 Highlights

Visit the&nbsp;<a href="https://investor.starbucks.com/ir-home/default.aspx">Investor Relations page on Starbucks.com</a>&nbsp;to access the&nbsp;<a href="https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/33692/indexl.html">live audio webcast</a>.

Starbucks Reports Q1 Fiscal 2020 Results - Starbucks Stories

“Our growth was fueled by a healthy balance of comparable sales growth and new store development, as well as continued expansion of our Global Coffee Alliance with Nestlé," said Kevin Johnson.

https://stories.starbucks.com/press/2020/starbucks-reports-q1-fiscal-2020-results/

Starbucks Reports Q1 Fiscal 2020 Results

Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September&nbsp;29, 2019.

https://stories.starbucks.com/uploads/2019/10/Earnings-Q4-FY19-Visual.pdf

https://stories.starbucks.com/uploads/2019/10/Non-GAAP-Recon-for-Infographic-Q4-FY19.pdf

Infographic: Starbucks Reports Q4 Fiscal 2019 Results - Starbucks Stories

Infographic: Starbucks Reports Q4 Fiscal 2019 Results

“I’m very pleased with our strong finish to fiscal 2019, as we sustained positive momentum across each of our business segments,” said Kevin Johnson, president and ceo.

https://stories.starbucks.com/uploads/2019/10/SBX20191030-Earnings-Q4FY19-Featured-Image.jpg

https://stories.starbucks.com/press/2019/infographic-starbucks-reports-q4-fiscal-2019-results/

https://stories.starbucks.com/uploads/2019/10/SBX20191030-Earnings-Q4FY19-Featured-Image-1024x498.jpg

Q4 Comparable Store Sales Up 5% Globally, Led by 6% Comp Growth in the U.S. and 5% Comp Growth in China

Global Net Store Growth of 7% Versus Prior Year, Led by 17% Net Store Growth in China

GAAP EPS of $0.67; Non-GAAP EPS of $0.70, Up 13% Year-Over-Year

Active Starbucks® Rewards Membership in the U.S. Up 15% Year-Over-Year to 17.6 Million

Returned $12 Billion to Shareholders in Fiscal 2019; Announces Quarterly Dividend Increase of 14% to $0.41 Per Share

Introduces Fiscal 2020 Outlook Reaffirming Long-term Operating Growth Model

SEATTLE — Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September&nbsp;29, 2019. GAAP results in fiscal 2019 and fiscal 2018 include items which 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.

“I’m very pleased with our strong finish to fiscal 2019, as we sustained positive momentum across each of our business segments,” said Kevin Johnson, president and ceo.&nbsp;“Our U.S. business delivered 6% comparable store sales growth in the fourth quarter, while China grew comparable store sales by 5% and total transactions by 13%.&nbsp;Our strong performance throughout fiscal 2019 gives us confidence in a robust operating outlook for fiscal 2020.”

“We are making meaningful progress against our strategic priorities while streamlining the company, bringing more focus and discipline to everything we do. The investments we are making for the long term---in our partners, our stores, beverage innovation and digital---are collectively delivering an elevated Starbucks Experience, as evidenced by all-time-high customer connection scores in the fourth quarter.&nbsp;This long-term focus is instrumental to how we are building an enduring company,” concluded Johnson.

Q4 Fiscal 2019 Highlights

PDF: <a href="https://stories.starbucks.com/uploads/2019/10/Starbucks-FY19-Q4-Earnings-Release.pdf">Detailed financial data</a>

Full Year Fiscal 2019 Highlights

Fiscal 2019 Re-segmentation

In the fourth quarter of fiscal 2019, the company realigned its operating segment reporting structure to better reflect the cumulative effect of its streamlining efforts. Specifically, the previous China/Asia Pacific ("CAP") segment and Europe, Middle East, and Africa ("EMEA") segment have been combined into one International segment. The company will continue to provide supplemental information on its two lead growth markets, the U.S. and China, in its quarterly earnings news releases in accordance with its "Growth at Scale" agenda.

Concurrently, results of Siren Retail, a non-reportable operating segment consisting of Starbucks ReserveTM Roastery &amp; Tasting Rooms, Starbucks Reserve brand and Princi operations, which was previously included within Corporate and Other, is now reported within the Americas and International segments based on the geographical location of the operations.

Further, to better support the review of its results, the company changed the classification of certain costs. The most significant change was the reclassification of company-operated store occupancy costs from cost of sales to store operating expenses. The company also made certain other immaterial changes. These reclassifications have been retrospectively applied.

There was no impact to consolidated net revenues, consolidated operating income, or net earnings per share as a result of these changes.

Concurrent with the change in reportable segments and reclassification of certain operating expenses noted above, the company revised its prior period financial information to be consistent with the current period presentation.

Restated GAAP and non-GAAP quarterly financial information for FY18 and FY19 (through fiscal Q3) can be found on the Supplemental Financial Data page of our Investor Relations website (<a href="http://investor.starbucks.com">http://investor.starbucks.com</a>).

Starbucks Reports Q4 and Full Year Fiscal 2019 Results - Starbucks Stories

Starbucks Reports Q4 and Full Year Fiscal 2019 Results

https://stories.starbucks.com/press/2019/starbucks-reports-q4-and-full-year-fiscal-2019-results/

Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June&nbsp;30, 2019. 

https://stories.starbucks.com/uploads/2019/07/SBX20190725-Infographic-Starbucks-Q3FY19-Earnings.pdf

Infographic: Starbucks Reports Q3 Fiscal 2019 Results - Starbucks Stories

Infographic: Starbucks Reports Q3 Fiscal 2019 Results

“Starbucks delivered strong operating performance in the third quarter, further demonstrating that our ‘Growth at Scale’ agenda is working,” says Kevin Johnson, president and ceo.

https://stories.starbucks.com/uploads/2019/07/SBX20190725-Earnings-Q3-Featured-Image.jpg

https://stories.starbucks.com/press/2019/infographic-starbucks-reports-q3-fiscal-2019-results/

https://stories.starbucks.com/uploads/2019/07/SBX20190725-Earnings-Q3-Featured-Image-1024x498.jpg

Q3 Comparable Store Sales Up 6% Globally, Led by 7% Comp Growth in the U.S. and 6% Comp Growth in China

Global Net Store Growth of 7% Versus Prior Year, Led by 16% Net Store Growth in China

GAAP EPS of $1.12; Non-GAAP EPS of $0.78, Up 26% Year-Over-Year

Active Starbucks® Rewards Membership in the U.S. Increases 14% Year-Over-Year to 17.2 Million

SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June&nbsp;30, 2019. GAAP results in fiscal 2019 and fiscal 2018 include items which 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.

“Starbucks delivered strong operating performance in the third quarter, further demonstrating that our ‘Growth at Scale’ agenda is working,” says Kevin Johnson, president and ceo. “Our two targeted long-term growth markets, the U.S. and&nbsp;China, performed extremely well across a number of measures as a result of our focus on enhancing the customer experience, driving new beverage innovation and accelerating the expansion of our digital customer relationships.&nbsp;Given the strong momentum across our business, we are raising our full-year financial outlook.”

“Starbucks continues to be focused and disciplined in the execution of our three key strategic priorities that we established last year: accelerating growth in the U.S. and China, expanding the global reach of the Starbucks brand through our Global Coffee Alliance with Nestlé, and increasing shareholder returns. With our efforts to streamline the company and elevate the Starbucks brand, we are positioning the company to deliver predictable and sustainable operating results while building an enduring company that creates meaningful long-term value for Starbucks shareholders,” concluded Johnson.

PDF: <a href="https://stories.starbucks.com/uploads/2019/07/Starbucks-FY19-Q3-Earnings-Release.pdf">Detailed financial data</a>

Q3 Fiscal 2019 Highlights

Visit the <a href="https://investor.starbucks.com/ir-home/default.aspx">Investor Relations page on Starbucks.com</a> to access the <a href="https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/30667/indexl.html">live audio webcast</a>.

Starbucks Reports Q3 Fiscal 2019 Results - Starbucks Stories

https://stories.starbucks.com/press/2019/starbucks-reports-q3-fiscal-2019-results/

Starbucks Reports Q3 Fiscal 2019 Results

Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 31, 2019. 

https://stories.starbucks.com/uploads/2019/04/Earnings-Q2-FY19-Visual.pdf

https://stories.starbucks.com/uploads/2019/04/Non-GAAP-Recon-for-Infographic-Q2-FY19.pdf

Primary Entry

Infographic: Starbucks Reports Q2 Fiscal 2019 Results - Starbucks Stories

Infographic: Starbucks Reports Q2 Fiscal 2019 Results

Starbucks today reported financial results for its 13-week fiscal second quarter ended March 31, 2019.

https://stories.starbucks.com/uploads/2019/04/Q2-FY19-Earnings-social.jpg

https://stories.starbucks.com/press/2019/infographic-starbucks-reports-q2-fiscal-2019-results/

https://stories.starbucks.com/uploads/2019/04/Q2-FY19-Earnings-social-1024x676.jpg

Q2 Comparable Store Sales Up 3% Globally, Driven by 4% Comp Growth in the U.S. and 3% Comp Growth in China

Global Net Store Growth of 7% Versus Prior Year, Led by 17% Net Store Growth in China

Global Retail Business Surpasses 30,000 Stores

GAAP EPS of $0.53; Non-GAAP EPS of $0.60, Up 13% Year-Over-Year

Active Starbucks® Rewards Membership in the U.S. Increases 13% Year-Over-Year to 16.8 Million

SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 31, 2019. GAAP results in fiscal 2019 and fiscal 2018 include items which 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.

“Starbucks delivered another quarter of solid operating results, demonstrating that our 'Growth at Scale' agenda is working,” said&nbsp;Kevin Johnson, president and ceo.&nbsp;“We are especially&nbsp;pleased with our comparable store sales growth in our two lead markets, the U.S. and China, where we are also continuing to drive strong new store development with industry-leading returns.&nbsp;With solid first-half financial results, we are on track to deliver on our full-year commitments.”

“Starbucks remains focused and disciplined in the execution of our three key strategic priorities: accelerating growth in our targeted markets of the U.S. and China, expanding the global reach of the Starbucks brand through our Global Coffee Alliance with Nestlé, and increasing shareholder returns. With our efforts to streamline the company and elevate the Starbucks brand, we are not only positioning the company to deliver more predictable and sustainable operating results but are also building Starbucks to be an enduring company that creates meaningful value for shareholders for decades to come,” concluded Johnson.

PDF: <a href="https://stories.starbucks.com/uploads/2019/04/Starbucks-Q2-FY19-Earnings-Release.pdf">Detailed financial data</a>

Q2 Fiscal 2019 Highlights

Visit the&nbsp;<a href="https://investor.starbucks.com/ir-home/default.aspx">Investor Relations page on Starbucks.com</a>&nbsp;to access the&nbsp;<a href="https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/26147/indexl.html">live audio webcast</a>.

Starbucks Reports Q2 Fiscal 2019 Results - Starbucks Stories

“Starbucks delivered another quarter of solid operating results, demonstrating that our 'Growth at Scale' agenda is working,” said Kevin Johnson, president and ceo.

https://stories.starbucks.com/press/2019/starbucks-reports-q2-fiscal-2019-results/

Starbucks Reports Q2 Fiscal 2019 Results

Earnings

Earnings - Starbucks Stories

Home

https://stories.starbucks.com/uploads/2019/01/Starbucks_Logo_Hi-res.jpg

https://stories.starbucks.com/tag/earnings/

English

Our aspiration is to be people positive—investing in humanity and the well-being of everyone we connect with, from our partners to coffee farmers to the customers in our stores and beyond.

People

Planet

Coffee is at our heart, inspiring our craft and driving innovation—in our drinks, our food, our stores and new ways we bring the Starbucks experience to you wherever you are.