111 annotations
Page 4 of 6
we anticipate the negative impact on the operating income in Q2 to be comparable to or greater than Q1
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2023 Q1
5 Feb 23
Our U.S. company-operated stores had a record revenue quarter with 10% comp growth in Q1
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2023 Q1
5 Feb 23
North America's operating margin was 18.6% in Q1, contracting 20 basis points from the prior year
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2023 Q1
5 Feb 23
we'll start to see pricing normalize to more historical levels by the back half of the year
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2023 Q1
5 Feb 23
we don't have expectations that we'll have to further that pricing increase
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2023 Q1
5 Feb 23
we're still seeing inflation elevated relative to prior years below FY '22, but we're starting to see it soften slightly
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2023 Q1
5 Feb 23
The labor shortage from December was mainly because of our partners with COVID infections and there are all -- they have all returned back to work. We do not have any labor shortage issue
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2023 Q1
5 Feb 23
we don't see ourselves in a situation where we need to discount heavily, and we don't see a situation where our customers are trading down
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2023 Q1
5 Feb 23
At a time when people are generally trading down, and there's a lot of discounting going on, we had the highest average ticket, I believe, in our history in the month of December.
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2023 Q1
5 Feb 23
At a time when people are generally trading down, and there's a lot of discounting going on, we had the highest average ticket, I believe, in our history in the month of December.
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2023 Q1
5 Feb 23
In January, China's comparable sales growth was a decline of approximately 15%, which was an improvement from a decline of 42% in December.
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2023 Q1
5 Feb 23
we gained productivity through reinvention, including improved partner retention and equipment rollouts, paving the way for progressive margin expansion in the latter half of fiscal 2023 and years to come
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2023 Q1
5 Feb 23
we expect our operating margin to return to the ongoing target of 18% to 19% in fiscal 2023.
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2021 Q4
18 Sep 22
we will meaningfully offset these margin impacts in fiscal year 2022 with benefits from pricing, leverage on our expected strong sales, and productivity gains.
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2021 Q4
18 Sep 22
approximately 40 basis points deluded impact from a combination of the Starbucks Korea transition, as well as the change in non-GAAP reporting treatment
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2021 Q4
18 Sep 22
With these investments, we expect fiscal 2022 operating margin to be approximately 17% below our long-term target, driven by approximately 400 basis points of impact related to the wage investments, coupled with an additional headwind of approximately 200 basis points from a combination of inflationary pressures, other growth investments, and discontinuation of government subsidies.
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2021 Q4
18 Sep 22
increase in wage investments
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2021 Q4
18 Sep 22
we are expecting global comp sales growth to reach high single-digits
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2021 Q4
18 Sep 22
we're encouraging a growth rate off of that baseline of at least 10%
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2021 Q4
18 Sep 22
$0.14 is what we're reducing this year's non-GAAP EPS of $3.24 down to an adjusted FY21 non-GAAP EPS of $3.10.
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2021 Q4
18 Sep 22