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Starbucks: Fiscal Q3 Earnings Snapshot

KING COUNTY, WASHINGTON, JUL 29 – Starbucks missed earnings estimates due to a 46% drop in profit per share and margin declines driven by labor costs, inflation, and rising global competition, analysts said.

  • Starbucks reported its fiscal third-quarter earnings on July 29, 2025, posting $9.46 billion revenue and $558.3 million profit from its Seattle headquarters.
  • The results followed ongoing operational changes, including CEO Brian Niccol accelerating the rollout of the Green Apron Service across all U.S. company-owned stores.
  • Worldwide comparable store sales fell by 2%, largely due to a drop in transaction volume, but this was partly balanced by a 1% rise in average purchase value. Meanwhile, China experienced a 2% increase in sales.
  • Niccol emphasized that the recent quarter was primarily focused on establishing a strong operational base for Starbucks, while CFO Cathy Smith highlighted clear advancements in the company’s ongoing "Back to Starbucks" initiative.
  • Starbucks shares rose more than 4% in after-hours trading, and management plans an investor day in early 2026 to outline long-term growth amid cautious optimism.
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NBC Dallas-Fort Worth broke the news in Fort Worth, United States on Tuesday, July 29, 2025.
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