SBUX Q2 2024 Earnings — Starbucks Corporation Revenue & Financial Results | Market Cap Arena

SBUXStarbucks Corporation

$114B

Q2 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$8.6B-1.8% YoY

Gross Profit

$2.2B25.6% margin

Operating Income

$1.1B12.8% margin

Net Income

$772M9.0% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$506M

Free Cash Flow

-$153M

Stock-Based Comp.

$78M

Balance Sheet

Total Assets

$29.4B

Total Liabilities

$37.8B

Stockholders' Equity

-$8.4B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.6B	$8.7B	-1.8%
Gross Profit	$2.2B	$2.3B	-4.0%
Operating Income	$1.1B	$1.3B	-17.2%
Net Income	$772M	$908M	-15.0%

Revenue Segments

Beverage Member

$5.2B60%

Other Products Member

$1.8B21%

Food Member

$1.6B18%

Geographic Segments

UNITED STATES

$6.4B78%

International Segment

$1.8B22%