Core Insights - Starbucks reported a larger-than-expected decline in third-quarter global comparable sales, with same-store sales down 2%, marking the sixth consecutive quarterly contraction [1][4] - The decline was greater than analysts' average estimate of a 1.19% dip, indicating cautious consumer spending affecting demand [1] Sales Performance - Same-store sales in North America also fell by 2%, consistent with the previous year's decline [6] - Customer visits decreased by an average of 0.1% from April to June, an improvement compared to a 0.9% drop in the prior three months, suggesting early signs of recovery from the "Back to Starbucks" initiative [6] Strategic Initiatives - CEO Brian Niccol has implemented a simplified menu, introduced freshly baked food items, and emphasized quicker service as part of a brand reset since taking over in August [2] - The company plans to increase staffing investments in all 10,000-plus Starbucks-owned US stores by the end of summer [4][7] Financial Impact - CFO Cathy Smith noted that a significant non-recurring investment in the Leadership Experience 2025 and a discrete tax item negatively impacted Q3 EPS by 11 cents [5]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Financial Performance - Starbucks' global net revenue reached $8.8 billion, a 3% year-over-year increase[3] - The company's global operating margin was 8.2%, a decrease of 450 basis points year-over-year[3] - Diluted net earnings per share (EPS) were $0.41, a 38% year-over-year decrease[3] Sales and Store Growth - Overall comparable store sales decreased by 1%[3] - North America's comparable store sales decreased by 2%[3] - China's comparable store sales remained flat at 0%[3] - The global store count increased by 5% year-over-year, reaching 40,789 stores[3] Strategic Direction - The company is focused on its "Back to Starbucks" plan to improve the business[2] - Starbucks aims to re-introduce the Starbucks experience to the world by focusing on customer service, coffee quality, and community coffeehouses[6, 7, 8] - The company emphasizes its mission to be the premier purveyor of the finest coffee, inspiring and nurturing the human spirit[5]

Group 1 - The core revenue for Starbucks in Q3 reached $9.5 billion, surpassing analyst expectations of $9.29 billion [1] - Same-store sales declined by 2% in Q3, while analysts had anticipated a decrease of 1.5% [1] - North American same-store sales fell by 2% in Q3, slightly better than the expected decline of 2.49% [1] Group 2 - U.S. same-store sales decreased by 2% in Q3, compared to an expected decline of 2.53% [1] - In contrast, same-store sales in China grew by 2% in Q3, exceeding analyst expectations of a 1.44% increase [1]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 29, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 000-20322 Starbucks Corporation (Exact Name of Registrant as Specified in its Charter) Washington 91-1325671 (State or Other ...

Starbucks sales and profit fell more than anticipated, signaling that a plan to revive growth by speeding up service and making cafes more welcoming has yet to bear fruit. https://t.co/iy5BmRaXqT ...

星巴克第三财季净营收95亿美元，分析师预期92.9亿美元。 ...

Exhibit 99.1 Starbucks Reports Q3 Fiscal Year 2025 Results "Back to Starbucks" Strategy Yielding Three Consecutive Quarters of Improving U.S. Transaction Comp Q3 Consolidated Net Revenues Up 4% to $9.5 Billion Q3 GAAP EPS $0.49, Non-GAAP EPS $0.50; Impacted in Part by One-Time Investments in Coffeehouse Leaders SEATTLE; July 29, 2025 – Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 29, 2025. GAAP results in fiscal 2025 include items that ...

Operational Initiatives - Starbucks is rolling out the Green Apron Service initiative [1] - The initiative aims to create warmer interactions between customers and baristas [1] - Starbucks aims to maintain turnaround times of four minutes or fewer for digital and in-store orders [1]

Core Insights - Starbucks is focusing on enhancing guest experience and hospitality to improve sales in a competitive market [1][4] - The company has initiated the "Green Apron Service" program to foster friendly interactions and make visits habitual for customers [2][3] - Digital orders now account for over 30% of sales, prompting changes in staffing and technology to improve service efficiency [3][7] Company Strategy - The "Green Apron Service" is the largest investment in hospitality and store employees in the company's history, although no specific dollar amount was disclosed [7] - The initiative includes Smart Queue technology to optimize staffing and scheduling, aiming for consistent service quality across all ordering channels [7][8] - Early pilot results from 1,500 stores showed improvements in transactions, sales, and customer service times, with 80% of in-cafe orders meeting the four-minute service goal [9] Leadership and Performance - CEO Brian Niccol is leading the turnaround efforts, with a focus on creating a more welcoming atmosphere in cafes [5][6] - COO Mike Grams, who has extensive experience from Taco Bell, is overseeing the implementation of these strategies [6] - Starbucks shares have increased approximately 2.7% this year, lagging behind the S&P 500's 8.6% gains, indicating ongoing challenges in performance improvement [4]