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Starbucks plans to release its fourth quarter and full fiscal year 2024 financial results after market close on Wednesday 30 October 2024, with a conference call to follow at 2pm Pacific Time.
The conference call will be webcast, including closed captioning, and can be accessed on the company’s website here.
A replay of the webcast will be available on the company’s website until the end of day Friday 13 December 2024.
The results are set to be released during a key phase for Starbucks, following the appointment of Brian Niccol as its new Chairman and CEO in August 2024 who pledged to “refocus on what has always set Starbucks apart”. Niccol commenced his new position on 9 September 2024, succeeding Laxman Narasimhan, who stepped down from the position and Member of the Board.
“We’re getting back to Starbucks. We’re refocusing on what has always set Starbucks apart — a welcoming coffeehouse where people gather, and where we serve the finest coffee, handcrafted by our skilled baristas. This is our enduring identity. We will innovate from here,” says Niccol.
Under Niccol, the company has expanded its coffee innovation network, acquiring two farms in Costa Rica and Guatemala, as well as its company-operated portfolio with the acquisition of 23.5 Degrees in the United Kingdom.
The post Starbucks to release Q4 and full fiscal 2024 results appeared first on Global Coffee Report.
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