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

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.