Starbucks Corporation  (SBUX)
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services

The company disclosed important Top-line progress, all along the fiscal second quarter of 2022

Starbucks Corporation delivered second quarter of 2022 operating income of $948.9 million

Published 2022-05-04T16:18:56+00:00
Goran Soko / CSIMarket.com Contributer

FoodCourt_pdIn the fiscal second quarter of 2022 Starbucks Corporation had revenue of $7.64 billion and earnings per share of $0.58. revenue were up by 14.511 % year on year and bottom-line grew modest by 3.57 %.

From the previous financial reporting period, profits fell by -15.94 % from $0.69 per share and Revenue decreased by -5.153 % from $8.05 billion.

Bottom-line of $675.000 million in the second quarter of 2022 earnings season increased by 2.37 % from net earnings of $659.400 million reported in the second quarter of 2022 earnings season a year ago. Starbucks Corporation shifted it's focus on improving sales in the second quarter of 2022 earnings season, as a result net margin eased to 8.84%.
Operating earnings, fell -3.92% to $948.9 million, squeezing Starbucks Corporation's operating margin to 12.43%, from 14.81% in the second quarter of 2021.

Starbucks Corporation is expected to report next financial results on August 01, 2023.

Starbucks's Receivables Turnover Ratio

Starbucks's Operating Margin


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