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Starbucks reported a robust first quarter for fiscal 2024, with consolidated net revenues rising 8% to $9.4 billion compared to $8.7 billion in the same quarter of the previous year. This increase was largely attributed to growth in the North America business and the International segment, with global comparable store sales growing by 5%. The U.S. market saw a 5% growth, while international sales grew by 7%. The company's operating margin improved by 140 basis points to 15.8%, driven by sales leverage and operational efficiencies, despite increased investments in wages and benefits for store partners and higher administrative expenses. Starbucks opened 1,475 new company-operated stores, marking an 8% increase over the past 12 months. The company also highlighted the success of its Triple Shot Reinvention with Two Pumps Plan, which is expected to continue driving balanced earnings growth. Looking ahead, Starbucks anticipates transitory headwinds experienced in the first quarter may persist throughout the fiscal year but remains confident in its long-term growth and business model.
Starbucks reported a robust first quarter for fiscal 2024, with consolidated net revenues rising 8% to $9.4 billion compared to $8.7 billion in the same quarter of the previous year. This increase was largely attributed to growth in the North America business and the International segment, with global comparable store sales growing by 5%. The U.S. market saw a 5% growth, while international sales grew by 7%. The company's operating margin improved by 140 basis points to 15.8%, driven by sales leverage and operational efficiencies, despite increased investments in wages and benefits for store partners and higher administrative expenses. Starbucks opened 1,475 new company-operated stores, marking an 8% increase over the past 12 months. The company also highlighted the success of its Triple Shot Reinvention with Two Pumps Plan, which is expected to continue driving balanced earnings growth. Looking ahead, Starbucks anticipates transitory headwinds experienced in the first quarter may persist throughout the fiscal year but remains confident in its long-term growth and business model.
星巴克報告稱，2024財年第一季度表現強勁，合併淨收入增長8％，達到94億美元，而去年同期爲87億美元。這一增長主要歸因於北美業務和國際板塊的增長，全球可比門店銷售額增長了5％。美國市場增長了5％，而國際銷售增長了7％。儘管增加了對門店合作伙伴的工資和福利的投資以及更高的管理費用，但受銷售槓桿率和運營效率的推動，該公司的營業利潤率提高了140個點子至15.8％。星巴克新開了1,475家公司運營的門店，在過去12個月中增長了8％。該公司還強調了其 “雙泵三重塑計劃” 的成功，該計劃有望繼續推動平衡的收益增長。展望未來，星巴克預計，第一季度經歷的過渡性不利因素可能會持續到整個財年，但仍對其長期增長和商業模式充滿信心。
星巴克報告稱，2024財年第一季度表現強勁，合併淨收入增長8％，達到94億美元，而去年同期爲87億美元。這一增長主要歸因於北美業務和國際板塊的增長，全球可比門店銷售額增長了5％。美國市場增長了5％，而國際銷售增長了7％。儘管增加了對門店合作伙伴的工資和福利的投資以及更高的管理費用，但受銷售槓桿率和運營效率的推動，該公司的營業利潤率提高了140個點子至15.8％。星巴克新開了1,475家公司運營的門店，在過去12個月中增長了8％。該公司還強調了其 “雙泵三重塑計劃” 的成功，該計劃有望繼續推動平衡的收益增長。展望未來，星巴克預計，第一季度經歷的過渡性不利因素可能會持續到整個財年，但仍對其長期增長和商業模式充滿信心。
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