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Starbucks surpassed earnings expectations for Q1 2025, but faced challenges in global sales and margins. ... Although revenue matched last year's $9.4 billion, it slightly exceeded expectations by ...
International sales plunged 9%, and Chinese comparable sales cratered 14%. Non-GAAP operating profit margins fell 380 basis points from the prior year to 14.4%.
The business has reported three straight quarters of declining year-over-year revenue. This has been driven by falling same-store sales (comps), with the most recent period -- the 2024 fourth ...
Starbucks’ revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China. But the Seattle coffee giant expressed optimism Tuesday that successful new products and improvements in efficiency — including faster drive-thru service and better equipment — will help turn things around in its next fiscal year, which begins later this fall.
Starbucks said its revenue rose 8% to a record $9.43 billion for the October-December period. ... It was the largest strike yet in the 2-year-old effort to unionize Starbucks’ company-owned U.S ...
Revenue: US$36.18 billion (2024) Operating income ... Starbucks unveiled a five-year plan to donate 100 percent of unsold food from its 7,600 company-operated stores ...
Moving to full fiscal year 2024. Consolidated net revenues increased 1% to $36.2 billion in fiscal year 2024, driven by 7% net new company-operated store growth, offset by a 2% decline in ...
Starbucks missed the mark on sales again as it reported its numbers Tuesday after market close.Q3 revenue fell 1% to $9.1 billion, lower than expectations of $9.2 billion, per Bloomberg consensus ...