Starbucks Non-GAAP EPS of $0.75 misses by $0.02, revenue of $8.71B misses by $70M
Starbucks press release (NASDAQ:SBUX): Q1 Non-GAAP EPS of $0.75  misses by $0.02.
Revenue of $8.71B (+8.2% Y/Y)  misses by $70M.
Comparable Store Sales Up 5% Globally; Up 10% in the U.S; Up Double Digits Internationally, Excluding China.
Q1 Active U.S. Starbucks Rewards Membership Reaches 30.4 Million, Up 15% Over Prior Year, Up 6% Sequentially.

Q1 Card Loads Reaches a Record $3.3 Billion; Ranking as #2 U.S. Brand in Holiday Gift Card Activations.
The company opened 459 net new stores in Q1, ending the period with 36,170 stores globally: 51% company-operated and 49% licensed.
In Q1 fiscal 2023, the company resumed its share repurchase program, repurchasing 1.9 million shares of common stock valued at $191.4 million; approximately 50.6 million shares remain available for purchase under the current authorization. As Reinvention accelerates, the company expects to return approximately $20 billion to shareholders by the end of fiscal 2025 between our dividends and share repurchases.
The Board of Directors declared a cash dividend of $0.53 per share, payable on February 24, 2023, to shareholders of record on February 10, 2023.
Fiscal 2023 Financial Targets: The company will discuss fiscal year 2023 financial targets during its Q1 FY23 earnings conference call starting today at 2:00 p.m. Pacific Time.
Shares -2.89%.