This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive
compensation for actions taken through them.
No need to visit Starbucks to get bags of coffee and mugs. It sells those products online. Like major retailers, it has gotten into the free shipping business, for orders of $30 or more.
The shipping is what Starbucks Corp. (NASDAQ: SBUX) calls “standard,” so customers will need to wait awhile for their orders. “Free shipping” is four to eight days. Order early, as a week is a long time. For two business days, it is $14.95. For one business day, $24.95.
The items people will pay to ship include most Starbucks coffee options, which sell for $14 to $25 a package. Many of Starbucks mugs and cups won’t qualify for free shipping either, although the White Double Wall Traveler adorned with Swarovski crystals costs $74.95.
Incidentally, Starbucks did just release its fiscal fourth-quarter earnings report, which shows free shipping won’t dent its momentum:
- U.S. comparable store sales increase of 4% was comprised of 6% increase in average ticket and 1% decrease in traffic. After adjusting for the estimated impact of order consolidation related to the new Starbucks Rewards™ loyalty program, average ticket grew 4% and traffic grew 1%.
- Consolidated net revenues grew 16% to $5.7 billion
- Consolidated operating income increased 27% to $1.2 billion
- Consolidated operating margin expanded 180 basis points to 21.5%
- GAAP EPS increased 26% to $0.54 per share and included $0.06 related to the extra week in Q4 FY16
- Non-GAAP EPS of $0.56 included $0.06 related to the extra week in Q4 FY16. Excluding the extra week, non-GAAP EPS of $0.50 grew 16% over Q4 FY15 non-GAAP EPS
- Non-GAAP EPS of $0.56 included $0.06 related to the extra week in Q4 FY16. Excluding the extra week, non-GAAP EPS of $0.50 grew 16% over Q4 FY15 non-GAAP EPS
- The company opened 690 net new stores in the quarter, bringing total stores to 25,085 in 75 countries worldwide
- Mobile Order and Pay represented 6% of U.S. transactions in the quarter, up from 5% in the prior quarter
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.