A pedestrian holds a Starbucks cup in Sacramento, California, April 28, 2025.
David Paul Morris | Bloomberg | Getty images
Starbucks On Tuesday, on Tuesday, reported lower than expected income on Tuesday and another quarter of sales drops with comparable stores, but the coffee giant said that its recovery strategy showed signs of early success.
“Our financial results do not yet reflect our progress, but we have a real momentum with our plan” Back to Starbucks “,” said CEO Brian Niccol in a video published on the company's website. “We test and learn at speed and we see changes in our coffee makers.”
Here is what the company declared in relation to what Wall Street was expecting, on the basis of a survey of LSEG analysts:
- Profit per share: 41 cents adjusted vs 49 cents expected
- Income: $ 8.8 billion, it was not immediately clear how it compared to the $ 8.82 billion expected
Excluding articles, the company has won 41 cents per share.
Net sales increased by 2% to 8.8 billion dollars.
Comparable store sales in Starbucks have dropped for its fifth consecutive quarter. The business of the company has dropped as consumers in the United States and China, its two largest markets, are looking for cheaper coffee options.
Under Niccol, who took the reins in September, the company tried to overthrow its American activities by recovering “Starbucks” and by returning its objective to coffee and customer experience. In October, the company suspended its forecasts for the 2025 financial year by revealing the first stages of its recovery strategy.
Global sales of comparable stores in the company fell 1% to its second quarter, fueled by a 2% drop in transactions. On the internal market of Starbucks, the drop in traffic was even stronger.
American locations have seen transactions drop by 4%, making its sales with comparable stores by 2%.
