4/107 sources · 7 publishersUpdated Oct 29, 22:11 UTC
Starbucks Q4 revenue falls short of expectations amid weak international demand
+5 new sources since this summary was written
Starbucks reported fourth‑quarter revenue of $9.14 billion, missing the $9.2 billion consensus estimate. Global same‑store sales grew 7.2%, led by a 7.7% increase in the United States, while international traffic declined 2.8%. The company said the shortfall was driven by softer demand outside the U.S. and a 4% year‑over‑year revenue decline.
Why it matters
The revenue miss may pressure Starbucks' share price and could lead analysts to adjust their forecasts for future quarters. The company’s statement signals that international markets remain a headwind for growth.
Key facts
- 1Q4 revenue was $9.14 billion. finance.yahoo.com
- 2Consensus revenue estimate was $9.2 billion. finance.yahoo.com
- 3Global same‑store sales increased 7.2%. finance.yahoo.com
- 4U.S. same‑store sales grew 7.7%. finance.yahoo.com
- 5International traffic fell 2.8%. finance.yahoo.com
- 6Revenue declined 4% year over year. wtop.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.