CEO Brian Niccol has pushed for a simplified menu, freshly baked food items, cups with handwritten messages and quicker service as he tries to drive a brand reset since taking the helm in last August.
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) posted weaker-than-expected third-quarter earnings on Tuesday, hit by softer customer traffic and higher costs, even as revenue topped Wall Street estimates. Shares rose about 3.5% in after-hours trading to just over $96, as investors looked past short-term margin pressures and focused on comments from the company's leadership about future growth.
Starbucks (NYSE:SBUX) is set to report fiscal Q3 2025 results after the bell, with Wall Street expecting modest sequential improvement from a weak Q2.
Starbucks has been in turnaround mode, but its same-store sales are expected to fall for the sixth straight quarter. The coffee giant is also weighing strategic options for its China business.
Starbucks last week began training baristas on its new "Green Apron Service" program as a part of CEO Brian Niccol's vision to get "Back to Starbucks," ahead of its earnings report on Tuesday. Niccol's plan involves more welcoming cafes where customers will want to stick around, and more personalized interactions with baristas, down to Sharpie drawings on cups.
Starbucks stock (NASDAQ: SBUX) is set to announce its fiscal third-quarter earnings on Tuesday, July 29, 2025, with analysts estimating earnings of 64 cents per share on $9.3 billion in revenue. This would mark a 31% decrease in earnings on a year-over-year basis and a 2% increase in sales compared to last year's numbers of 93 cents per share and $9.11 billion in revenue.
Starbucks (NASDAQ: SBUX) faces its first real competition worldwide due to the growth of Luckin Coffee which has over 24,000 stores in China, Hong Kong, Singapore and Malaysia.
SBUX's third-quarter fiscal 2025 top line is likely to have been benefited from net new stores and menu innovation. Dismal comps and rising costs are concerns.
Get a deeper insight into the potential performance of Starbucks (SBUX) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
In the closing of the recent trading day, Starbucks (SBUX) stood at $95.92, denoting a -1.05% move from the preceding trading day.
Starbucks (SBUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SBUX braces for a 50% tariff on Brazilian coffee, testing its cost controls and pricing discipline in late 2025.