Starbucks Files Q3 2024 10-Q
Ticker: SBUX · Form: 10-Q · Filed: 2024-07-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
Starbucks Q3 2024 10-Q filed. Financials and ops details out.
AI Summary
Starbucks Corporation filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the third quarter of fiscal year 2024. Key financial data and operational metrics are presented, reflecting the company's performance in a dynamic market.
Why It Matters
This filing provides investors and analysts with the latest financial results and operational details for Starbucks, crucial for understanding the company's current performance and future outlook.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the nature of the retail and food service industry can be subject to economic fluctuations and consumer trends.
Key Numbers
- 2024 Q3 — Fiscal Quarter (Reporting period for this 10-Q filing.)
- 0927 — Fiscal Year End (Starbucks' fiscal year concludes around this date annually.)
Key Players & Entities
- STARBUCKS CORP (company) — Filer
- SEATTLE (location) — Business Address City
- WA (location) — Business Address State
- 2064471575 (phone_number) — Business Phone
- 2024-06-30 (date) — Period of Report End Date
- 2024-07-30 (date) — Filing Date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is for the quarter ended June 30, 2024.
What is the filing date of this 10-Q?
This 10-Q filing was made on July 30, 2024.
What is the company's Standard Industrial Classification (SIC) code?
Starbucks Corporation's SIC code is 5810, which corresponds to Retail-Eating & Drinking Places.
What is the state of incorporation for Starbucks Corporation?
Starbucks Corporation is incorporated in Washington (WA).
What is the SEC file number for Starbucks Corporation?
The SEC file number for Starbucks Corporation is 000-20322.
From the Filing
0000829224-24-000042.txt : 20240730 0000829224-24-000042.hdr.sgml : 20240730 20240730161034 ACCESSION NUMBER: 0000829224-24-000042 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 92 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240730 DATE AS OF CHANGE: 20240730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARBUCKS CORP CENTRAL INDEX KEY: 0000829224 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 911325671 STATE OF INCORPORATION: WA FISCAL YEAR END: 0927 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-20322 FILM NUMBER: 241157461 BUSINESS ADDRESS: STREET 1: P O BOX 34067 CITY: SEATTLE STATE: WA ZIP: 98124-1067 BUSINESS PHONE: 2064471575 MAIL ADDRESS: STREET 1: 2401 UTAH AVENUE SOUTH CITY: SEATTLE STATE: WA ZIP: 98134 10-Q 1 sbux-20240630.htm 10-Q sbux-20240630 FALSE 2024 Q3 0000829224 --09-29 P20Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:JPY 0000829224 2023-10-02 2024-06-30 0000829224 2024-07-24 0000829224 us-gaap:EntityOperatedUnitsMember 2024-04-01 2024-06-30 0000829224 us-gaap:EntityOperatedUnitsMember 2023-04-03 2023-07-02 0000829224 us-gaap:EntityOperatedUnitsMember 2023-10-02 2024-06-30 0000829224 us-gaap:EntityOperatedUnitsMember 2022-10-03 2023-07-02 0000829224 us-gaap:FranchisedUnitsMember 2024-04-01 2024-06-30 0000829224 us-gaap:FranchisedUnitsMember 2023-04-03 2023-07-02 0000829224 us-gaap:FranchisedUnitsMember 2023-10-02 2024-06-30 0000829224 us-gaap:FranchisedUnitsMember 2022-10-03 2023-07-02 0000829224 us-gaap:ProductAndServiceOtherMember 2024-04-01 2024-06-30 0000829224 us-gaap:ProductAndServiceOtherMember 2023-04-03 2023-07-02 0000829224 us-gaap:ProductAndServiceOtherMember 2023-10-02 2024-06-30 0000829224 us-gaap:ProductAndServiceOtherMember 2022-10-03 2023-07-02 0000829224 2024-04-01 2024-06-30 0000829224 2023-04-03 2023-07-02 0000829224 2022-10-03 2023-07-02 0000829224 us-gaap:AvailableforsaleSecuritiesMember 2024-04-01 2024-06-30 0000829224 us-gaap:AvailableforsaleSecuritiesMember 2023-04-03 2023-07-02 0000829224 us-gaap:AvailableforsaleSecuritiesMember 2023-10-02 2024-06-30 0000829224 us-gaap:AvailableforsaleSecuritiesMember 2022-10-03 2023-07-02 0000829224 us-gaap:CashFlowHedgingMember 2024-04-01 2024-06-30 0000829224 us-gaap:CashFlowHedgingMember 2023-04-03 2023-07-02 0000829224 us-gaap:CashFlowHedgingMember 2023-10-02 2024-06-30 0000829224 us-gaap:CashFlowHedgingMember 2022-10-03 2023-07-02 0000829224 us-gaap:NetInvestmentHedgingMember 2024-04-01 2024-06-30 0000829224 us-gaap:NetInvestmentHedgingMember 2023-04-03 2023-07-02 0000829224 us-gaap:NetInvestmentHedgingMember 2023-10-02 2024-06-30 0000829224 us-gaap:NetInvestmentHedgingMember 2022-10-03 2023-07-02 0000829224 us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2024-04-01 2024-06-30 0000829224 us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2023-04-03 2023-07-02 0000829224 us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2023-10-02 2024-06-30 0000829224 us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2022-10-03 2023-07-02 0000829224 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0000829224 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2023-04-03 2023-07-02 0000829224 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2023-10-02 2024-06-30 0000829224 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2022-10-03 2023-07-02 0000829224 2024-06-30 0000829224 2023-10-01 0000829224 2022-10-02 0000829224 2023-07-02 0000829224 us-gaap:CommonStockMember 2024-03-31 0000829224 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000829224 us-gaap:RetainedEarningsMember 2024-03-31 0000829224 us-ga