Starbucks reported record revenue in the April-June quarter — partly because more people in the U.S. returned to offices, increasing morning traffic. The Seattle-based coffee giant says its revenue rose 9% to $8.2 billion.
FILE - A sign for a Starbucks Coffee shop is pictured in Harvard Square in Cambridge, Mass., Dec. 13, 2018. The Seattle-based coffee giant said its revenue rose 9% to $8.2 billion during the April-June 2022 period, a quarterly record. That surpassed Wall Street’s forecast of $8.1 billion, according to analysts polled by FactSet.
The Seattle-based coffee giant exceeded sales expectations despite continuing store closures and reduced hours in China due to coronavirus measures. Starbucks said its same-store sales in China __ its second-largest market after the U.S. __ were down 44% in its fiscal third quarter. Starbucks said it ended the quarter with roughly 2,000 stores in 50 cities operating with COVID restrictions.
Schultz added that cold drinks, which now make up 74% of U.S. beverage sales, have become a huge competitive advantage for Starbucks and are bringing in younger customers.Starbucks’ revenue rose 9% to $8.2 billion, a quarterly record. That surpassed Wall Street’s forecast of $8.1 billion, according to analysts polled by FactSet.
Schultz said Starbucks is in the midst of a modernization plan that he hopes will help it retain employees and better keep up with customer demand. The plan __ which will be fleshed out in more detail at the company’s investor day in September __ comes amid growing employee dissatisfaction at some U.S. stores.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
O.K., Glass: Make Google Eyes | Vanity Fair | April 2004The story behind Google co-founder Sergey Brin’s liaison with Google Glass marketing manager Amanda Rosenberg—and his split from his wife, genetic-testing entrepreneur Anne Wojcicki—has a decidedly futuristic edge. But, as VANESSA GRIGORIADIS reports, the drama leaves Silicon Valley debating emotional issues, from office romance to fear of mortality
続きを読む »
TuSimple reports April crash to NHTSAIn April 2022, a self-driving TuSimple test vehicle crashed into a concrete barrier along I-10. Details from a self-report to the National Highway Traffic Safety Administration blame human error.
続きを読む »
O.K., Glass: Make Google Eyes | Vanity Fair | April 2004The story behind Google co-founder Sergey Brin’s liaison with Google Glass marketing manager Amanda Rosenberg—and his split from his wife, genetic-testing entrepreneur Anne Wojcicki—has a decidedly futuristic edge. But, as VANESSA GRIGORIADIS reports, the drama leaves Silicon Valley debating emotional issues, from office romance to fear of mortality
続きを読む »
US oil majors report record profits on the back of high pricesU.S. oil majors enjoyed another quarter of monstrous profits on the back of sustained $100-plus per barrel of crude oil and high refining margins.
続きを読む »
Beyond Meat Stock Falls After Conclusion of McDonald's McPlant TestAnalyst research reported lackluster demand in the U.S. for McDonald’s McPlant burger, which is made using Beyond Meat patties.
続きを読む »
Alibaba Could See First Revenue Decline on Record But Analysts Expect Sales Recovery Later This YearAlibaba’s China commerce revenue is expected to remain under pressure due to Covid-related lockdowns in major Chinese cities during the June quarter.
続きを読む »