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Starbucks Corporation  (SBUX)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 

SBUX's Operating Income Growth by Quarter and Year

Starbucks's Operating Income results by quarter and year




SBUX Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter September - 1,706.30 1,195.60 1,482.30
III Quarter June - 1,583.90 1,295.50 1,488.70
II Quarter March 1,098.90 1,327.50 948.90 987.60
I Quarter December 1,485.40 1,253.10 1,177.80 913.50
FY   2,584.30 5,870.80 4,617.80 4,872.10



SBUX Operating Income second quarter 2024 Y/Y Growth Comment
Starbucks Corporation reported decline in Operating Income in the second quarter 2024 by -17.22% to $ 1,098.90 millions, from the same quarter in 2023.
The contraction in the second quarter 2024 Starbucks Corporation's Operating Income compares unfavorably to the Company's average Operating Income rise of 33.25%.

Looking into second quarter 2024 results within Restaurants industry 3 other companies have achieved higher Operating Income growth. While Starbucks Corporation' s Operating Income fall of -17.22% ranks overall at the positon no. 212 in the second quarter 2024.

Explain Operating Income growth


SBUX Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter September - 42.71 % -19.34 % 165.45 %
III Quarter June - 22.26 % -12.98 % -
II Quarter March -17.22 % 39.9 % -3.92 % 102.63 %
I Quarter December 18.54 % 6.39 % 28.93 % -25.11 %
FY   - 27.13 % -5.22 % 211.97 %

Financial Statements
Starbucks's second quarter 2024 Operating Income $ 1,098.90 millions SBUX's Income Statement
Starbucks's second quarter 2023 Operating Income $ 1,327.50 millions Quarterly SBUX's Income Statement
New: More SBUX's historic Operating Income Growth >>


SBUX Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter September - 7.73 % -7.71 % -0.43 %
III Quarter June - 19.31 % 36.53 % 50.74 %
II Quarter March -26.02 % 5.94 % -19.43 % 8.11 %
I Quarter December -12.95 % 4.81 % -20.54 % 63.59 %
FY (Year on Year)   - 27.13 % -5.22 % 211.97 %




Operating Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Restaurants Industry #4
Services Sector #32
Overall #212

Operating Income Y/Y Growth Statistics
High Average Low
624.74 % 33.25 % -84.95 %
(March 31, 2010)   (March 31, 2009)
Operating Income second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Restaurants Industry #4
Services Sector #32
Overall #212
Operating Income Y/Y Growth Statistics
High Average Low
624.74 % 33.25 % -84.95 %
(March 31, 2010)   (March 31, 2009)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Starbucks's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
728.87 % 18.34 % -65.25 %
(Dec. 31, 2008)  


SBUX's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2024 Starbucks Corporation disclosed fall in Operating Income sequentially by -26.02% to $ 1,098.90 millions, from $ 1,485.40 millions achived in the previous reporting period.

Even seasonal circumstance which normally elevate II. Quarter 2024 performance, that clearly was not substantial to salvage SBUX's II. Quarter 2024 achievement, Brayden W. Nelson, Restaurants industry insider situated in Dallas pointed out and continued that average sequential Operating Income growth is at 18.34% for Starbucks.

Within Restaurants industry 4 other companies have achieved higher Operating Income quarter on quarter growth. While Starbucks's Operating Income growth quarter on quarter, overall rank is 338.


Operating Income Q/Q Growth Company Ranking
Within: No.
Restaurants Industry #5
Services Sector #51
Overall #338
Operating Income Q/Q Growth Company Ranking
Within: No.
Restaurants Industry #5
Services Sector #51
Overall #338
Operating Income Q/Q Growth Statistics
High Average Low
728.87 % 18.34 % -65.25 %
(Dec. 31, 2008)  


SBUX's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2024 Starbucks Corporation disclosed fall in Operating Income sequentially by -26.02% to $ 1,098.90 millions, from $ 1,485.40 millions declared in the previous quarter.

Although cyclical influence which normally fuel II. Quarter 2024 performance, this plainly has not been sufficient to rescue SBUX's II. Quarter performance, Brayden W. Nelson, Restaurants industry insider situated in Dallas said and wrote that average quarter on quarter Operating Income growth is at 18.34% for Starbucks.

Within Restaurants industry 4 other companies have achieved higher Operating Income quarter on quarter growth. While Starbucks's Operating Income growth quarter on quarter, overall rank is 338.


Starbucks's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Oct 01 2023)
12 Months Ending
(Jul 02 2023)
12 Months Ending
(Apr 02 2023)
Cumulative Operating Income 12 Months Ending $ 5,874.50 $ 6,103.10 $ 5,870.80 $ 5,360.10 $ 5,071.70
Y / Y Operating Income Growth (TTM) 15.83 % 30.04 % 27.13 % 9.29 % -0.51 %
Year on Year Operating Income Growth Overall Ranking # 260 # 576 # 1282 # 704 # 152
Seqeuential Operating Income Change (TTM) -3.75 % 3.96 % 9.53 % 5.69 % 8.07 %
Seq. Operating Income Growth (TTM) Overall Ranking # 755 # 475 # 1296 # 1333 # 1480




Cumulative Operating Income growth Comment
With the quarterly Operating Income reported in the Mar 31 2024 period, Starbucks's cumulative twelve months Operating Income were $ 5,875 millions, company would post below average annual Operating Income growth of 8.07% year on year, if the fiscal year would end at Mar 31 2024.
A slow-down in the Starbucks's Operating Income growth from the 1485.4% growth in Dec 31 2023.

In the Services sector 42 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 260, from total ranking in previous quarter at 576.

Operating Income TTM Q/Q Growth Statistics
High Average Low
624.74 %
33.25 %
-84.95 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Restaurants Industry # 16
Services Sector # 43
Overall # 260

Operating Income TTM Y/Y Growth Statistics
High Average Low
624.74 %
33.25 %
-84.95 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 112
S&P 500 # 755
Cumulative Operating Income growth Comment
With the quarterly Operating Income reported in the Mar 31 2024 period, Starbucks's cumulative twelve months Operating Income were $ 5,875 millions, company would post below average annual Operating Income growth of -84.95% year on year, if the fiscal year would end at Mar 31 2024.
A slow-down in the Starbucks's Operating Income growth from the 1485.4% growth in Dec 31 2023.

In the Services sector 42 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 260, from total ranking in previous quarter at 576.

Operating Income TTM Q/Q Growth Statistics
High Average Low
624.74 %
33.25 %
-84.95 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Restaurants Industry # 16
Services Sector # 43
Overall # 260

Operating Income TTM Y/Y Growth Statistics
High Average Low
624.74 %
33.25 %
-84.95 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 112
S&P 500 # 755




Other Operating Income Growth
Restaurants Industry Operating Income Growth Trends and Statistics
Services Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
SBUX's Operating Income Growth Ratio versus Restaurants Industry, Services Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for SBUX's Competitors
Operating Income Growth for Starbucks's Suppliers
Operating Income Growth for SBUX's Customers

You may also want to know
SBUX's Annual Growth Rates SBUX's Profitability Ratios SBUX's Asset Turnover Ratio SBUX's Dividend Growth
SBUX's Roe SBUX's Valuation Ratios SBUX's Financial Strength Ratios SBUX's Dividend Payout Ratio
SBUX's Roa SBUX's Inventory Turnover Ratio SBUX's Growth Rates SBUX's Dividend Comparisons



Companies with similar Operating Income fall for the quarter ending Mar 31 2024 within Services SectorY/Y Change %Operating Income for the quarter ending Mar 31 2024
Yum Brands Inc -0.57%$ -0.574 millions
V2x Inc -0.81%$ -0.811 millions
Verizon Communications Inc -0.83%$ -0.831 millions
Interpublic Group Of Companies Inc -2.18%$ -2.177 millions
Global Industrial Company-2.25%$ -2.247 millions
Madison Square Garden Sports Corp -2.46%$ -2.457 millions
At and t Inc -2.58%$ -2.582 millions
Stericycle Inc -2.75%$ -2.750 millions
Innovative Industrial Properties inc -3.05%$ -3.054 millions
Warner Music Group Corp -4.03%$ -4.032 millions
News Corporation-4.65%$ -4.649 millions
Matson inc -4.65%$ -4.651 millions
Apartment Income Reit Corp -4.84%$ -4.836 millions
Ryder System Inc -5.56%$ -5.556 millions
Carriage Services Inc -5.61%$ -5.607 millions
Biglari Holdings Inc -6.61%$ -6.608 millions
Altice Usa Inc -7.52%$ -7.521 millions
Accel Entertainment Inc -7.64%$ -7.636 millions
Marriott International Inc-7.89%$ -7.886 millions
Heidrick and Struggles International Inc -8.42%$ -8.424 millions
Cable One Inc -9.27%$ -9.267 millions
Afc Gamma Inc -10.03%$ -10.034 millions
Insperity Inc -10.75%$ -10.749 millions
Papa John s International Inc -10.79%$ -10.790 millions
Enviri Corporation-11.00%$ -11.005 millions
Wag Group Co -11.37%$ -11.368 millions
Nuvera Communications Inc -12.25%$ -12.251 millions
Aramark-12.58%$ -12.582 millions
Etsy Inc-12.93%$ -12.927 millions
Comstock Holding Companies Inc -12.94%$ -12.945 millions




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