Starbucks Corporation (SBUX)
Starbucks Q1: Wholesale Business Changes Are Incoming, And They May Not Work
Shares of Starbucks have rallied ~40% from 2024 lows on optimism for new CEO Brian Niccol's transformation plan. The company's Q1 results showed a -4% y/y decline in comparable sales in the U.S., with traffic down in the high single digits - a huge risk to Starbucks' brand. The company is vastly reducing discounted offers and promotions like Double Star Days, while aiming to improve wait times to four minutes or less. This may hurt comp sales further.
Starbucks to cut a third of its menu offerings this year as the coffee giant streamlines service
Starbucks CEO Brian Niccol said the coffee giant will cut 30% of its menu offerings this year. In an earnings call, Niccol told investors the cuts are part of Starbucks' plan to streamline service.
Starbucks Corporation (SBUX) Q1 2025 Earnings Call Transcript
Starbucks Corporation (NASDAQ:SBUX ) Q1 2025 Earnings Conference Call January 28, 2025 5:00 PM ET Company Participants Tiffany Willis - Senior Vice President, Investor Relations Brian Niccol - Chairman & Chief Executive Officer Rachel Ruggeri - Executive Vice President & Chief Financial Officer Conference Call Participants David Tarantino - Baird Andrew Charles - TD Cowen Danilo Gargiulo - Bernstein David Palmer - Evercore ISI Brian Harbour - Morgan Stanley Chris O'Cull - Stifel Jeffrey Bernstein - Barclays John Ivankoe - JPMorgan Katherine Griffin - Bank of America Peter Saleh - BTIG Christine Cho - Goldman Sachs Lauren Silberman - Deutsche Bank Sharon Zackfia - William Blair Zach Fadem - Wells Fargo Jon Tower - Citi Operator Good afternoon. My name is Diego, and I will be your conference operator today.
Starbucks to add ‘panic buttons' in stores to boot loiterers, lingering customers
Starbucks will be installing “panic buttons” at a number of locations to help staff non-confrontationally kick out customers who overstay their welcome or others who are simply loitering, according to a report.
Starbucks: EPS Beats Despite Sales Dip
Starbucks (SBUX 0.39%), the global coffeehouse chain, released its first-quarter earnings for the fiscal year 2025 on January 28, 2025.
Starbucks (SBUX) Surpasses Q1 Earnings and Revenue Estimates
Starbucks (SBUX) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.90 per share a year ago.
Starbucks is in 'early innings' of turnaround story: Analyst
Starbucks (SBUX) exceeded first quarter revenue expectations, reporting $9.40 billion against analysts' estimates of $9.31 billion. BTIG managing director and restaurant analyst Peter Saleh joins Julie Hyman and Josh Lipton on Market Domination Overtime to discuss the company's results and growth trajectory.
Starbucks Beats $9.4B Revenue, Sales Drop 4%, China Down 6%, Recovery in Focus
Starbucks beats earnings estimates with $0.69 EPS and $9.4B revenue as same-store sales drop 4%. U.S. traffic slips 8%, China sales fall 6%.
Starbucks posts smaller-than-expected sales drop amid turnaround effort
World's largest coffee chain in drive to boost sales and win back customers as new CEO urges ‘fundamental change'
Starbucks Earnings Top Expectations as New CEO's 'Back to Starbucks' Plan Unfolds
Starbucks (SBUX) reported fiscal first-quarter results that topped analysts' expectations, sending shares higher in extended trading Tuesday.
Starbucks shares pop after reporting Q1 beat
Nick Setyan, Wedbush Managing Director, joins 'Closing Bell Overtime' to talk Starbucks' quarterly results.
Starbucks delivers earnings beat for fiscal first quarter
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) stock moved higher afterhours as the coffee giant reported better-than-expected results for the fiscal first quarter, the first full quarter under the leadership of new CEO Brian Niccol. For the period which ended December 29, 2024, Starbucks reported earnings per share of $0.69, above estimates of $0.66.
