SBUX Q1 2024 Earnings — Starbucks Corporation Revenue & Financial Results | Market Cap Arena

SBUXStarbucks Corporation

$114B

Q1 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$9.4B+8.2% YoY

Gross Profit

$2.6B27.5% margin

Operating Income

$1.5B15.8% margin

Net Income

$1.0B10.9% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$1.8B

Stock-Based Comp.

$95M

Balance Sheet

Total Assets

$29.2B

Total Liabilities

$37.8B

Stockholders' Equity

-$8.6B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.4B	$8.7B	+8.2%
Gross Profit	$2.6B	$2.2B	+15.9%
Operating Income	$1.5B	$1.3B	+18.5%
Net Income	$1.0B	$855M	+19.8%

Revenue Segments

Beverage Member

$5.7B60%

Other Products Member

$2.0B21%

Food Member

$1.8B19%

Geographic Segments

UNITED STATES

$7.1B79%

International Segment

$1.8B21%