Net revenues for the North America segment grew 12% over Q4 FY22 to $6.9 billion in Q4 FY23, primarily driven by an 8% increase in comparable store sales, driven by a 6% increase in average ticket and a 2% increase in comparable transactions, net new company-operated store growth of 4% over the past 12 months, as well as strength in our ...
Starbucks announced its Q1 results today, with the company’s CEO and CFO attributing the first traffic growth in two years to the ‘Back to Starbucks’ turnaround strategy. The company’s Q1 Highlights include: North America and U.S. comparable store sales increased 4%, driven by a 3% increase in comparable transactions and a 1% increase in average ticket. Net revenues for the North ...
International comparable sales rose 5%, led by China, where same-store sales increased 7% on stronger customer traffic. CEO Brian Niccol said the company’s “Back to Starbucks” strategy is running ahead of schedule, as it focuses on simplifying operations and improving in-store experiences.
Starbucks reports first sales growth in eight quarters as CEO Brian Niccol's strategy shows results with a 4% increase in North American same-store sales.
North America and U.S. comparable-store sales increased 7%, driven by a 6% increase in average ticket and a 1% increase in comparable transactions. International comp-store sales increased 24%, driven by a 21% increase in comparable transactions and a 2% increase in average ticket.
Net revenues for the North America segment grew 12% over Q4 FY22 to $6.9 billion in Q4 FY23, primarily driven by an 8% increase in comparable store sales, driven by a 6% increase in...
Comparable store sales exclude the effects of fluctuations in foreign currency exchange rates and Siren Retail stores. Stores that are temporarily closed or operating at reduced hours remain in comparable store sales while stores identified for permanent closure have been removed.
Net revenues for the North America segment grew 12% over Q4 FY22 to $6.9 billion in Q4 FY23, primarily driven by an 8% increase in comparable store sales, driven by a 6% increase in average ticket and a 2% increase in comparable transactions, net new company-operated store growth of 4% over the past 12 months, as well as strength in our licensed...
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