Starbucks Full Year 2022 Earnings: EPS Beats Expectations

Starbucks (NASDAQ:SBUX) Full Year 2022 Results

Key Financial Results

  • Revenue: US$32.3b (up 11% from FY 2021).

  • Net income: US$3.28b (down 22% from FY 2021).

  • Profit margin: 10% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses.

  • EPS: US$2.83 (down from US$3.57 in FY 2021).


All figures shown in the chart above are for the trailing 12 month (TTM) period

Starbucks EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%.

Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are up 6.5% from a week ago.

Risk Analysis

Be aware that Starbucks is showing 4 warning signs in our investment analysis and 2 of those make us uncomfortable...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here