Sou Hu Cai Jing·2025-07-30 08:35Core Insights - Starbucks reported an 8% year-on-year increase in revenue for Q3 FY2025, reaching $790 million, with growth in both overall revenue and same-store sales in China [1][2] - The company is evaluating over 20 interested institutions for the potential sale of its China business, which could be valued at up to $10 billion [3] Financial Performance - Same-store sales in China grew by 2% year-on-year, with operating profit margins continuing to increase quarter-on-quarter, maintaining a healthy double-digit level [2][3] - The total number of Starbucks stores in China reached 7,828 by the end of Q3 FY2025, with 70 new stores opened during the quarter, entering 17 new county-level markets [2] Strategic Initiatives - The recent adjustments made by Starbucks in China have led to three consecutive quarters of revenue growth and year-on-year same-store sales growth [3] - Innovations such as "sugar-free" beverages and new customization options have increased customer purchase frequency, while price adjustments on non-coffee products have broadened the customer base and enhanced consumption during lunch and evening hours [3] Market Outlook - The company remains committed to the long-term development of the Chinese market and aims to retain a significant equity stake in its China operations while seeking strategic partners that share its vision and values [3][4]