Starbucks (SBUX) reported Q4 FY2024 earnings of $0.80 per share (versus $1.06 per share in Q4 FY2023), missing analysts’ consensus estimate of $0.85 per share.
The company’s quarterly revenues amounted to $9.074 bln (-3.2% y/y), missing analysts’ consensus estimate of $9.601 bln.
SBUX rose to $97.74 (-+0 43) in pre-market trading.