Zheng Quan Shi Bao Wang·2025-07-30 01:09Core Insights - Starbucks reported third-quarter revenue of $9.5 billion, with same-store sales declining by 2%, which was worse than expected [1] - Net profit fell significantly to $558.3 million year-over-year [1] - Adjusted earnings per share were $0.50, below analysts' expectations of $0.65 [1] Performance in China - Same-store sales in the Chinese market grew by 2%, marking the first increase in 18 months [1] Strategic Initiatives - The CEO stated that the revitalization plan is "ahead of schedule" and new products will be launched in 2026 [1] - To boost business in the U.S. market, the company is reforming stores, which includes reducing wait times, updating menus, and renovating locations [1] - Starbucks has reduced store construction costs by 30% [1] - The company plans to invest an additional $500 million in human resources for U.S. company-operated stores over the next year [1]