Global coffee company Starbucks plans to release its first quarter fiscal year 2025 financial results after market close on 28 January 2025.
This will be followed by a conference call at 2pm Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company’s website.
A replay of the webcast will be available on the company’s website until the end of day on 14 March.
Starbucks‘ preliminary fourth-quarter results have shown a decline in global comparable store sales and consolidated revenues, as reported on 22 October 2024.
For the fourth quarter of fiscal year 2024, global comparable store sales declined 7 per cent, and consolidated net revenues declined 3 per cent to US$9.1 billion.
Meanwhile, for the full fiscal year 2024, global comparable store sales declined 2 per cent, and consolidated net revenues increased 1 per cent to US$36.2 billion.
