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Starbucks Corporation (SBUX) will announce its Q4 and fiscal year 2021 financial results on October 28, 2021, post-market. A conference call will follow at 2:00 p.m. PT, accessible via the company’s website. Notably, fiscal year 2021 consists of a 53-week year, which will impact the financial results. Investors can find a replay of the webcast until November 26, 2021. Starbucks continues to be a leading retailer in the specialty coffee sector with over 33,000 stores globally.
Positive
Starbucks maintains a strong position as the premier roaster and retailer of specialty coffee worldwide.
The upcoming Q4 earnings announcement may provide insights into how the 53rd week impacts their financial performance.
Negative
None.
SEATTLE--(BUSINESS WIRE)--
Starbucks Corporation (Nasdaq: SBUX) plans to release its fourth quarter and fiscal year end 2021 financial results after the market close on Thursday, October 28, 2021, with a conference call to follow at 2:00 p.m. Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company’s website: https://investor.starbucks.com. A replay of the webcast will be available on the company’s website until end of day, Friday, November 26, 2021.
Please remember that Starbucks fiscal year 2021 is a 53-week year instead of the usual 52 weeks. The impact of the 53rd week will be reflected in results for the fourth quarter.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with over 33,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com.
