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2021-10-29

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Starbucks tumbled nearly 5% in premarket trading as its net revenue and sales fell short of market expectations

Starbucks tumbled nearly 5% in premarket trading as its net revenue and sales fell short of market e

Starbucks tumbled nearly 5% in premarket trading as its net revenue and sales fell short of market expectations

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The net profit was USD 1.764 billion, a year-on-year increase of 349.4%.</p>\n<p>According to business division, the revenue of Starbucks Q4 Company's direct stores was 6.864 billion US dollars, a year-on-year increase of 32.7%; The revenue of franchise stores was 795 million US dollars, a year-on-year increase of 45.9%; Revenue from other businesses was USD 488 million, up 0.6% year-on-year.</p>\n<p>Q4 Starbucks's total operating expenditure was 6.785 billion US dollars, a year-on-year increase of 17.8%; Operating profit was USD 1.482 billion, up 165.5% year-on-year.</p>\n<p>Diluted earnings per share was US $1.49, up 0.33% year-on-year.</p>\n<p>In the fourth quarter, Starbucks's global comparable store sales increased by 17%; Comparable store sales in the United States increased by 22%.</p>\n<p>Starbucks promised to buy back shares and pay dividends of $20 billion in the next three years.</p>\n<p>Starbucks opened a net 538 new stores in the fourth quarter of fiscal year 2021, a year-on-year increase of 4%. The number of stores in the world reached a record 33,833, of which 51% were direct stores and 49% were licensed stores.</p>\n<p>As of the end of the fourth quarter of fiscal year 2021, stores in the United States and China accounted for 62% of the company's global stores, with 15,450 and 5,360 stores respectively.</p>\n<p>Starbucks's annual revenue in fiscal year 2021 was US $29.06 billion, a year-on-year increase of 23.6%; The net profit was 4.2 billion US dollars, a year-on-year increase of 352.4%; Diluted earnings per share was $3.54, up 348% year-on-year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158323094","content_text":"Starbucks tumbled nearly 5% in premarket trading as its net revenue and sales fell short of market expectations.The financial report showed that Starbucks Q4 revenue was 8.147 billion US dollars, a year-on-year increase of 31.3%; The net profit was USD 1.764 billion, a year-on-year increase of 349.4%.\nAccording to business division, the revenue of Starbucks Q4 Company's direct stores was 6.864 billion US dollars, a year-on-year increase of 32.7%; The revenue of franchise stores was 795 million US dollars, a year-on-year increase of 45.9%; Revenue from other businesses was USD 488 million, up 0.6% year-on-year.\nQ4 Starbucks's total operating expenditure was 6.785 billion US dollars, a year-on-year increase of 17.8%; Operating profit was USD 1.482 billion, up 165.5% year-on-year.\nDiluted earnings per share was US $1.49, up 0.33% year-on-year.\nIn the fourth quarter, Starbucks's global comparable store sales increased by 17%; Comparable store sales in the United States increased by 22%.\nStarbucks promised to buy back shares and pay dividends of $20 billion in the next three years.\nStarbucks opened a net 538 new stores in the fourth quarter of fiscal year 2021, a year-on-year increase of 4%. The number of stores in the world reached a record 33,833, of which 51% were direct stores and 49% were licensed stores.\nAs of the end of the fourth quarter of fiscal year 2021, stores in the United States and China accounted for 62% of the company's global stores, with 15,450 and 5,360 stores respectively.\nStarbucks's annual revenue in fiscal year 2021 was US $29.06 billion, a year-on-year increase of 23.6%; The net profit was 4.2 billion US dollars, a year-on-year increase of 352.4%; Diluted earnings per share was $3.54, up 348% year-on-year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":729,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Starbucks tumbled nearly 5% in premarket trading as its net revenue and sales fell short of market expectations

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