Press Releases

Starbucks Corporation (Nasdaq: SBUX) today announced that Patrick Grismer, chief financial officer, will participate at the Wolfe Research Consumer Access Day on Wednesday, December 16, 2020, at 10:30 a.m. Eastern Time. The event will be webcast and can be accessed on the company’s website at http://investor.starbucks.com . A replay of the webcast will be available on the company’s website through Wednesday, January 13, 2021. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with nearly 33,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com . View source version on ...

Reaffirms guidance supporting significant rebound in FY21 Signals outsized growth for FY22, with non-GAAP EPS growing more than 20% Expects ongoing non-GAAP EPS growth of 10% to 12% in FY23 and FY24 Updates aspects of ongoing growth algorithm, including increasing ranges for global comparable store sales growth, revenue growth and non-GAAP operating margin Affirms commitment to planet positive future with new investments in eco-friendly operations, regenerative agricultural practices and environmentally friendly menus Starbucks (NASDAQ: SBUX) today hosted its biennial Investor Day virtually. Chief executive officer Kevin Johnson and other Starbucks leaders outlined a vision for the future and discussed the company’s progress against its Growth at Scale agenda. With a focus on creating value for all stakeholders, Starbucks believes that responsible growth includes doing the right thing for both people and the planet. The company also provided updates to its ongoing growth model and ...

Starbucks Corporation (NASDAQ: SBUX) will host its biennial Investor Day on Wednesday, December 9, 2020. The virtual event will feature presentations and a question-and-answer session with members of the company’s senior leadership team. Presentations will begin at Noon Pacific Time (3:00 p.m. Eastern time) and the event is expected to last approximately two hours. The webcast event will include closed captioning and may be accessed on the company’s website at https://investor.starbucks.com . A replay of the webcast and slides shown during the presentations will be available on the company’s website the following day. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks ...

Q4 Comparable Store Sales of -9% in the U.S. and -3% in China, Demonstrating Sustained Recovery
Q4 GAAP EPS of $0.33; Non-GAAP EPS of $0.51 Reflecting Substantial Improvement from Q3
Active Starbucks® Rewards Membership in the U.S. Up 10% Year-Over-Year to 19.3 Million
Fiscal 2021 Outlook Reaffirms Path to Full Recovery Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter ended September 27, 2020. GAAP results in fiscal 2020 and fiscal 2019 include items that 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 am very pleased with our strong finish to fiscal 2020, underpinned by a faster-than-expected recovery in our two lead growth markets, the U.S. and China. These results demonstrate the continued strength and relevance of our brand, the effectiveness of the actions we’ve taken to adapt to meaningful ...

Starbucks Corporation (Nasdaq: SBUX) plans to release its fourth quarter and fiscal year 2020 financial results after the market close on Thursday, October 29, 2020 with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast, including closed captioning, and can be accessed on the company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day, Friday, November 27, 2020. In addition to the fourth quarter and fiscal year 2020 results, fiscal year 2021 guidance will be provided on the conference call. Please note that Starbucks fiscal year 2021 is a 53-week year instead of the usual 52 weeks. The impact of the 53 rd week will be reflected in our results for the fourth quarter in fiscal 2021. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 32,000 stores around the globe, the company is the ...

Marks Tenth Consecutive Annual Increase Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors approved a 10% increase in the Company’s quarterly cash dividend. The quarterly cash dividend will increase from $0.41 to $0.45 per share and will be effective with the dividend payment to be distributed on November 27, 2020 to shareholders of record on November 12, 2020. This increase raises the Company’s annual dividend rate to $1.80 per share. “The Board’s decision to raise our quarterly dividend demonstrates confidence in the strength of our recovery and the robustness of our long-term growth model,” said Kevin Johnson, Starbucks president and ceo. “Our cash flow generation is strong, and we remain committed to reducing our financial leverage while continuing to invest for future growth,” concluded Johnson. Starbucks initiated its dividend in 2010 and has increased it in each of the past 10 years. About Starbucks Since 1971, Starbucks Coffee Company has been ...

Starbucks Corporation (Nasdaq: SBUX) today announced that Patrick Grismer, chief financial officer, will participate at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Forum on Tuesday, September 15, 2020 at 10:30 a.m. Eastern Daylight Time. The event will be webcast and can be accessed on the company’s website at investor.starbucks.com . A replay of the webcast will be available on the company’s website through Friday, October 16, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com ...

Q3 Consolidated Net Revenues of $4.2 Billion, Down 38% from Prior Year Due to Adverse Impact of COVID-19
Q3 GAAP EPS of -$0.58; Non-GAAP EPS of -$0.46 Reflecting Material Sales Deleverage and Retail Partner Support
COVID-19 Impacts Expected to Moderate Meaningfully in Q4 as Recovery Continues Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 28, 2020. GAAP results in fiscal 2020 and fiscal 2019 include items that 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. “Since the beginning of the COVID-19 outbreak in January, we have taken a principled approach to navigate the crisis, true to our mission and values. Every step of the way, we have thoughtfully addressed the needs of Starbucks stakeholders and are particularly proud of the industry-leading investments we have made to support our partners ...

Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2020 financial results after the market close on Tuesday, July 28, 2020 with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast, including closed captioning, and can be accessed on the company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Friday, August 28, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or ...

Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.41 per share of outstanding Common Stock. The dividend will be payable in cash on August 21, 2020 to shareholders of record on August 7, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at stories.starbucks.com or www.starbucks.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20200624005799/en/ Starbucks Contact, Investor Relations:
Durga Doraisamy
206-318-7118
...

Starbucks Corporation (Nasdaq: SBUX) today announced that Patrick Grismer, chief financial officer, will participate at the Evercore ISI Virtual Consumer & Retail Summit on Wednesday, June 17, 2020 at 11:45 a.m. ET. The event will be webcast and can be accessed on the company’s website at http://investor.starbucks.com . A replay of the webcast will be available on the company’s website through Friday, July 17, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com . View source version on ...

Starbucks Corporation (Nasdaq: SBUX) today announced that Patrick Grismer, chief financial officer, will participate at the Stifel 2020 Virtual Cross Sector Insight Conference on Wednesday, June 10, 2020 at 11:20 a.m. ET. The event will be webcast and can be accessed on the company’s website at http://investor.starbucks.com . A replay of the webcast will be available on the company’s website through Friday, July 10, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com . View source version on ...

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 Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter ended March 29, 2020. 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. “People around the world are united around a common cause as we navigate the COVID-19 situation globally. 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. I am exceptionally proud of the ...

Starbucks Corporation (Nasdaq: SBUX) plans to release its second quarter fiscal year 2020 financial results after the market close on Tuesday, April 28, 2020 with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast, including closed captioning, and can be accessed on the Company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the Company’s website until end of day Friday, May 29, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the Company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at stories.starbucks.com or www.starbucks.com . View ...

As the world grapples with the vast scale and human impact of COVID-19, Starbucks ceo Kevin Johnson says Starbucks has the financial strength and resilience to manage through this extraordinary time, guided by the company’s Mission and Values   With customer and partner (employee) safety paramount, Starbucks activates its “to go” model for communities across the US & Canada, leveraging the Starbucks mobile ap, Drive Thru and new Starbucks® Delivers. Starbucks offers paid sick leave and catastrophe pay; also announces a new mental-health benefit for U.S. partners and their families. Company celebrates continued recovery in China, with 90 percent of stores now open and the announcement of a new sustainable roasting plant coming in 2022. Company reflects on fiscal 2019 performance and strong financial position; announces Board of Directors authorization to repurchase up to 40 million shares of the company’s common stock. Starbucks Corporation will hold its 28th Annual Meeting of ...

Starbucks Corporation (NASDAQ: SBUX) will hold its Annual Meeting of Shareholders (Annual Meeting) on Wednesday, March 18, 2020 at 10:00 a.m. PT. The meeting, which will be held in a virtual format only , will be webcast, including closed captioning, and can be accessed on the Company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the Company’s website until end of day Friday, September 18, 2020. As described in the proxy materials for the Annual Meeting, you are entitled to vote in the Annual Meeting if you were a shareholder as of the close of business on January 10, 2020, the record date, or hold a legal proxy for the meeting provided by your bank, broker, or nominee. To vote in the virtual meeting, you must enter the control number found on your proxy card, voting instruction form or notice you previously received. The virtual meeting can be accessed on the Company’s website: http://investor.starbucks.com. About Starbucks Since 1971, ...

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

Starbucks Corporation (Nasdaq: SBUX) plans to release its first quarter fiscal year 2020 financial results after the market close on Tuesday, January 28, 2020 with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast, including closed captioning, and can be accessed on the Company’s website: http://investor.starbucks.com . A replay of the webcast will be available on the Company’s website until end of day Thursday, February 27, 2020. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the Company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at stories.starbucks.com or www.starbucks.com . ...