Starbucks Reports Q2 Fiscal 2023 Results

Q2 Consolidated Net Revenues Up 14% to $8.7 Billion
Q2 Comparable Store Sales Up 11% Globally; Up 12% in North America; Up 7% in International
Q2 GAAP EPS $0.79; Non-GAAP EPS $0.74 Reflecting Stronger-Than-Expected Performance Globally
Q2 Active U.S. Starbucks® Rewards Membership Reaches 30.8 Million, Up 15% Over Prior Year

May 02, 2023 04:05 PM Eastern Daylight Time

SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal second quarter ended April 2, 2023. GAAP results in fiscal 2023 and fiscal 2022 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.