US-based coffee retailer Starbucks has reported a 41.4% rise in quarterly net earnings, boosted by strong holiday sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company posted net earnings of US$110.8m, or 27 cents a share, for the first quarter to 28 December, compared to $78.4m, or 20 cents a share, a year earlier.


Consolidated net revenues increased 27.7% to $1.3bn from $1.0bn in the year-ago period.


“I am extremely pleased with our first quarter results. Our partners’ focused execution at all levels of the business resulted in the most successful first quarter in Starbucks history,” said CEO Orin Smith. “From a strong holiday promotion in our retail stores, to continued growth of our specialty and international operations, our performance sets a strong foundation for Starbucks fiscal year 2004.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now