Starbucks earnings miss, but coffee chain says it’s seeing ‘momentum’ with turnaround
- Starbucks reported its fiscal second-quarter financial results on Tuesday, April 29, 2025.
- This follows the company's struggles with declining sales and consumer spending reductions.
- Chief Executive Brian Niccol implements a turnaround strategy hiring more baristas and revamping stores.
- The company reported global comparable sales fell 1% and net income dropped 50%.
- These results missed analyst expectations, causing shares to fall significantly.
35 Articles
35 Articles
Starbucks' turnaround on track but earnings, sales fall short
SEATTLE, United States — Starbucks’ sales are on the upswing again, with the company reporting its first quarterly sales increase in more than a year in the January-March period. But the coffee giant said Tuesday that its turnaround effort is far from complete, and its fiscal second quarter also saw lagging store traffic and lower-than-expected
Starbucks stock falls as sales disappoint, turnaround pressures earnings
In this articleSBUXFollow your favorite stocksCREATE FREE ACCOUNTA pedestrian holds a Starbucks cup in Sacramento, California, on April 28, 2025.David Paul Morris | Bloomberg | Getty ImagesStarbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround strategy is showing early signs of success.”Our financial results don’t yet reflect our progress, but we have…
Analyst Warns Starbucks Faces Growing Risks From Competition, Costs, and Global Tensions - Starbucks (NASDAQ:SBUX)
Guggenheim analyst Gregory Francfort reiterated the Neutral rating on Starbucks Corporation (NASDAQ:SBUX) on Tuesday, lowering the price forecast from $95 to $83. Starbucks reported second-quarter fiscal year 2025 financial results after market close on Tuesday. Starbucks reported Q2 revenue of $8.76 billion, missing the $8.86 billion analyst estimate, and adjusted EPS of $0.41, below the $0.50 consensus. Consolidated net revenue rose 2% year-ov…
Starbucks CFO teases 'coffee house vibes' renovations and summer drink's return
THE CFO of Starbucks has teased updates to locations in two prominent states this year. Customers could start seeing the renovations soon, along with the return of a beloved summer drink. GettyStarbucks is making some updates to select locations (stock image)[/caption] GettyA beloved drink is also making a return (stock image)[/caption] Some Starbucks coffeehouses in California and New York will be changed to reflect “authentic coffee house vibe…


Starbucks CEO says it's making progress on turnaround. Sales are still falling
Starbucks reported second-quarter results after the stock market closed on Tuesday.Scott Olson/Getty ImagesStarbucks reported second-quarter earnings after the market closed on Tuesday.Under CEO Brian Niccol, the company is trying to return to growth.The chain's results missed analysts' expectations, yet Niccol said that progress is coming.Starbucks wants its baristas to deliver your coffee in under four minutes. Investors are still going to hav…
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