Starbucks reports better-than-expected quarterly sales as …

3 days ago · Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.

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Starbucks Surprises Investors With Stellar Quarterly Sales Amid …

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3 days ago · Starbucks reports better-than-expected fiscal sales. Revenue flat at $9.4 billion for quarter. CEO Brian Niccol implements customer-focused changes. Same-store sales decline …

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Did Starbucks (SBUX) beat analysts' expectations?

Starbucks (SBUX) reported fiscal first-quarter results that topped analysts’ expectations, despite sales and profit declines. The coffee giant saw net sales fall 0.3% year-over-year to $9.4 billion, above the analyst consensus compiled by Visible Alpha. ...

How did Starbucks perform in fiscal first quarter?

Starbucks on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to deliver results. The Seattle coffee giant said its revenue was flat at $9.4 billion for the 13-week period ending Dec. 29. That beat Wall Street's forecast of $9.3 billion, according to analysts polled by FactSet. ...

Will Starbucks' earnings pressure 'intensify' in the second quarter?

However, CFO Rachel Ruggeri said on the company's earnings call Starbucks expects year-over-year earnings pressure could "intensify" in the second quarter, before improving in the back half of 2025. Shares of Starbucks were little changed and slightly higher in extended trading Tuesday following the company's earnings call. ...

Will Starbucks expand its presence with more stores?

Starbucks aims to expand its presence with more stores too, after adding 377 net new stores in the first quarter. Niccol said Starbucks could even double its store count in the U.S. in the next couple years, which stood at 17,049 as of Dec. 29. ...

Will Starbucks' 'back to Starbucks' strategy 'intensify' in 2025?

The better-than-expected results came as new CEO Brian Niccol said the company made progress toward its "Back to Starbucks" strategy. Starbucks did not provide an outlook for 2025, but CFO Rachel Ruggeri warned earnings pressure could "intensify" in the second quarter, before improving in the back half of 2025. ...

How much money did Starbucks make in 13 weeks?

The Seattle coffee giant said its revenue was flat at $9.4 billion for the 13-week period ending Dec. 29. That beat Wall Street's forecast of $9.3 billion, according to analysts polled by FactSet. Chairman... ...