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I'm not an accounting professional, but the official Starbucks report says that for fiscal year 2022, their "GAAP Operating Margin" was 14.3%. That seems to con

I'm not an accounting professional, but the official Starbucks report says that for fiscal year 2022, their "GAAP Operating Margin" was 14.3%. That seems to contradict the macrotrends.net website, no?

allset_ 3y ago
You are correct it seems to be incorrect, apologies. That's what I get for not looking closely (and trusting Google search to promote factual info in the info cards).
klyrs 3y ago
No, there isn't a contradiction here. GAAP Operating Margin is smaller than Gross Margin by definition.