Financial Performance - Starbucks' Q4 global net revenue increased by 6%[2] - North America comp remained flat at 0%[2] - International comp increased by 22%[2] - Channel Development comp increased by 1%[2] - Starbucks' Q4 global operating margin was 9.4%, a decrease of 500 basis points year-over-year[2] - Starbucks' Q4 diluted net EPS was $2.13, a decrease of 35% year-over-year[2] - Starbucks' FY25 global net revenue is projected to decrease by -2%[2] - North America comp is projected to remain flat at 0%[2] - International comp is projected to decrease by -1%[2] - Channel Development comp is projected to increase by 5%[2] - Starbucks' FY25 global operating margin is projected to be 9.9%, a decrease of 500 basis points year-over-year[2] Strategic Focus - Starbucks is refocusing on its core coffeehouse experience to drive growth[5] - The company aims to deliver durable, sustainable growth and long-term shareholder value[1]