出售中国业务股权，星巴克最新回应

Core Viewpoint - Starbucks reported a revenue of $9.6 billion for Q4 of fiscal year 2025, marking a 5% increase year-over-year, with global same-store sales growing by 1%, the first positive growth in seven quarters [3] Financial Performance - For the full fiscal year 2025, Starbucks achieved a total revenue of $37.2 billion, reflecting a 3% growth [3] - In Q4, Starbucks closed 107 stores, bringing the total number of stores to 40,990 [3] China Market Performance - In Q4 of fiscal year 2025, Starbucks China generated $831.6 million in revenue, a 6% year-over-year increase, maintaining growth for four consecutive quarters [3] - The total revenue for Starbucks China for the fiscal year 2025 reached $3.105 billion, up 5% from the previous year [3] - Starbucks opened 183 new stores in Q4, entering 47 new county-level markets, with a total of 415 new stores added throughout the fiscal year [3] - As of the end of fiscal year 2025, Starbucks operated 8,011 stores across 1,091 county-level cities in China, with new stores contributing above-average same-store sales [3] Strategic Plans - 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 [4] - The company is focused on finding suitable partners to unlock future growth potential in China, with the value of potential transactions including initial investments, retained equity, and future royalty payments [4] - Reports suggest that Hillhouse Capital is involved in a reverse management roadshow for Starbucks China, with the business valued between $5 billion and $6 billion, and discussions expected to continue into 2026 [5]