Published 25 days ago • loading... • Updated 23 days ago

Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter

Starbucks reported revenue of $9.4 billion for the fiscal 2025 first quarter, exceeding analyst expectations of $9.3 billion, despite a 0.3% decline year over year.
Adjusted earnings per share of 69 cents fell 23% year over year but were 2 cents above estimates, according to LSEG data.
Starbucks faces challenges with declining same-store sales, which fell 4% in the first quarter, but there are signs of improvement in customer engagement and brand strength.

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OC Register

Starbucks, union agree to mediation to get talks over finish line

They've been negotiating a template for collective bargaining agreements covering more than 500 cafes in the U.S.

23 days ago·Orange County, United States

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financialbuzz.com

Starbucks Stock Soars Despite Profitability Struggles and Sales Slump

Starbucks (SBUX) saw its stock rise over 8% during Wednesday’s trading session, despite reporting weaker-than-expected global same-store sales for the fourth quarter. The company’s global same-store sales dropped by 7% year-over-year, driven by an 8% decline in transactions. This drop in customer visits was a key factor behind the disappointing results. However, there was some cause for optimism in the first quarter as the transaction decline na…

24 days ago

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Benzinga

Starbucks Posts Earnings Beat: New CEO Will 'Fix The Business The Right Way,' Analyst Says - Starbucks (NASDAQ:SBUX)

Starbucks analysts are optimistic about turnaround efforts after the coffee retailer reported strong Q1 earnings. Latest Ratings for SBUX DateFirmActionFromTo Feb 2022Deutsche BankMaintainsBuy Feb 2022MKM PartnersMaintainsBuy Feb 2022Credit SuisseMaintainsOutperform View More Analyst Ratings for SBUX View the Latest Analyst Ratings

24 days ago·New York, United States

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retailwire.com

Starbucks Surpasses Quarterly Sales Expectations Amid Turnaround Efforts - RetailWire

Starbucks beat analysts' projections, indicating its turnaround strategy might be working.

24 days ago

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Inquirer

+4 Reposted by 4 other sources

Starbucks profits fall but points to progress in turnaround

New York, United States — Starbucks reported lower profits Tuesday in results that still topped expectations as the company’s new CEO described various pilot program tests to reinvigorate the chain. Profits came in at $780.8 million, down 23.8 percent from the year-ago level. Revenues declined 0.3 percent to $9.4 billion, as comparable store sales fell

24 days ago·Manila, Philippines

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