Starbucks Corporation is set to release its fourth quarter and full fiscal year 2024 financial results on Wednesday, October 30, 2024, after market close. Following the announcement, the company will hold a conference call at 2 PM Pacific Time.
The conference call will be available via webcast, featuring closed captioning, and can be accessed through Starbucks’ official website. A replay of the webcast will be accessible until the end of the day on Friday, December 13, 2024.
This financial report comes during a pivotal transition for Starbucks, following the appointment of Brian Niccol as Chairman and CEO in August 2024. Niccol, who officially took on his role on September 9, 2024, succeeded Laxman Narasimhan, who resigned from both his position and 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,” Niccol stated.
Since his appointment, Niccol has initiated several strategic expansions, including enhancing the company’s coffee innovation network. Notably, Starbucks has acquired two coffee farms in Costa Rica and Guatemala, alongside its company-operated portfolio with the purchase of 23.5 Degrees in the United Kingdom.
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