Starbucks Corporation
Starbucks Q3 FY25 Results: Earnings Miss Expectations
Summary
Starbucks Corporation reported Q3 FY25 financial results, showing a decline in consolidated net revenues to $9.5 billion, a 4% increase year-over-year. GAAP earnings per share (EPS) were $0.49, missing consensus estimates, while non-GAAP EPS was $0.50. Operating income declined by 38.3% year-over-year to $935.6 million, primarily due to investments in 'Back to Starbucks' strategy, deleverage, and inflation. The company also disclosed a $20.8 million restructuring charge. Starbucks declared a cash dividend of $0.61 per share, payable on August 29, 2025.
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About Starbucks Corporation
Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.
Official SEC Documents
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