Starbucks Q1 2024 10-Q Details Equity Changes
Ticker: SBUX · Form: 10-Q · Filed: 2024-01-30T00:00:00.000Z
Sentiment: neutral
Topics: earnings, equity, quarterly-report
TL;DR
**Starbucks' Q1 2024 10-Q shows shifts in equity, signaling potential impacts on shareholder value.**
AI Summary
Starbucks Corp. filed its 10-Q for the quarter ending December 31, 2023, showing its financial performance. The filing details changes in equity, including common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income for both the parent company and noncontrolling interests. This matters to investors as it provides a snapshot of the company's financial health and how its equity structure has evolved, which can influence future dividend policies and share buybacks.
Why It Matters
Understanding the changes in Starbucks' equity accounts helps investors gauge the company's financial stability and its capacity for future growth or shareholder returns.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not indicate any immediate high-risk financial events for Starbucks.
Analyst Insight
Investors should review the detailed equity changes in the full 10-Q to understand the sources and uses of capital, which could inform their long-term investment decisions regarding Starbucks' financial health and shareholder return potential.
Key Numbers
- 2023-12-31 — Conformed Period of Report (The end date of the financial period covered by this 10-Q filing.)
- 0000829224 — Central Index Key (CIK) (Starbucks Corp.'s unique identifier with the SEC.)
- 10-Q — Form Type (Indicates this is a quarterly report.)
- 91 — Public Document Count (The number of public documents associated with this filing.)
- 2024-01-30 — Filed As Of Date (The date the 10-Q was officially filed with the SEC.)
Key Players & Entities
- STARBUCKS CORP (company) — the filer of the 10-Q
- December 31, 2023 (date) — the end of the reporting period for the 10-Q
- October 2, 2023 (date) — the start of the reporting period for the 10-Q
- January 30, 2024 (date) — the filing date of the 10-Q
Forward-Looking Statements
- Starbucks will continue to manage its equity structure through share repurchases or dividends, influenced by the changes noted in this 10-Q. (STARBUCKS CORP) — medium confidence, target: 2024-09-27
FAQ
What is the reporting period covered by this 10-Q filing?
The conformed period of report for this 10-Q filing is from October 2, 2023, to December 31, 2023.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was filed as of January 30, 2024.
What is Starbucks Corp.'s Central Index Key (CIK) according to this filing?
Starbucks Corp.'s Central Index Key (CIK) is 0000829224.
What types of equity accounts are specifically mentioned as having changes during the reporting period?
The filing specifically mentions changes in common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income for both the parent and noncontrolling interests.
What is the Standard Industrial Classification (SIC) for Starbucks Corp. as per this filing?
Starbucks Corp.'s Standard Industrial Classification (SIC) is RETAIL-EATING & DRINKING PLACES [5810].
From the Filing
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