Recap: Starbucks Q4 Earnings

Shares of Starbucks SBUX fell 1.6% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 27.14% over the past year to $0.51, which beat the estimate of $0.31.

Revenue of $6,203,000,000 declined by 8.06% from the same period last year, which beat the estimate of $6,040,000,006.

Guidance

Starbucks Sees Q1 Adj. EPS $0.50-$0.55 vs $0.63 Est.; Sees FY21 Adj. EPS $2.70-$2.90 vs $2.74 Est., Sales $28B-$29B vs $27.96B Est.

Conference Call Details

Date: Oct 29, 2020

Time: 05:00 PM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/sbux/mediaframe/33695/indexl.html

Price Action

52-week high: $94.13

Company's 52-week low was at $50.02

Price action over last quarter: Up 15.94%

Company Overview

Through a global chain of more than 32,100 company-owned and licensed stores, Starbucks sells coffee, espresso, teas, cold blended beverages, food, and accessories. The company also distributes packaged and single-serve coffee, tea, juice, and pastries through its own stores, grocery store chains, and warehouse clubs under the Starbucks and Teavana brands under the Global Coffee Alliance partnership with Nestle. In addition, Starbucks markets bottled beverages, ice creams, and liqueurs through partnerships with Pepsi, Anheuser-Busch, Tingyi, and Arla. In fiscal 2019, Starbucks' Americas segment (including the U.S.) represented 69% of total revenue, followed by the international segment (including China) at 23%, then channel development at almost 8%.