Starbucks Reports Q1 Fiscal 2024 Results
Retrieved on:
Tuesday, January 30, 2024
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Operating income decreased to $209.7 million in Q1 FY24 compared to $226.3 million in Q1 FY23.
Key Points:
- Operating income decreased to $209.7 million in Q1 FY24 compared to $226.3 million in Q1 FY23.
- The company will discuss fiscal year 2024 financial targets during its Q1 FY24 earnings conference call starting today at 2:00 p.m. Pacific Time.
- As part of the long-term commitment to elevate the coffee experience in India, Tata Starbucks will also open its second Starbucks ReserveĀ® store this year.
- The Board of Directors declared a cash dividend of $0.57 per share, payable on February 23, 2024, to shareholders of record on February 9, 2024.