Di Yi Cai Jing·2025-10-30 10:53Core Insights - Starbucks reported Q4 fiscal year 2025 revenue of $9.6 billion, a 5% increase year-over-year, with global same-store sales growing by 1%, marking the first positive growth in seven quarters [2] - For the full fiscal year 2025, Starbucks achieved a total revenue of $37.2 billion, reflecting a 3% growth [2] - The company closed 107 stores in Q4, ending the period with a total of 40,990 stores [2] China Business Performance - In Q4 fiscal year 2025, Starbucks China generated revenue of $831.6 million, a 6% year-over-year increase, maintaining growth for four consecutive quarters [2] - For the full fiscal year 2025, Starbucks China's revenue reached $3.105 billion, up 5% year-over-year [2] - Starbucks continues to expand in the Chinese market, opening 183 new stores in Q4 and entering 47 new county-level markets, with a total of 415 new stores added throughout the fiscal year [2] Strategic Partnerships and Valuation - Starbucks Chairman and CEO, Howard Schultz, indicated strong interest from multiple high-quality partners regarding the potential sale of a stake in its China business, emphasizing confidence in the long-term growth potential of the region [3] - The company is focused on finding suitable partners to unlock future growth potential in China, with the valuation of the China business estimated between $5 billion and $6 billion [3] - Reports suggest that the valuation of Starbucks could reach as high as $10 billion, with ongoing discussions about the transaction expected to continue into 2026 [3]