Reported 1 day ago
Starbucks (SBUX) reported stronger-than-expected first quarter results for fiscal 2025, with earnings per share of $0.69 exceeding analyst estimates and net revenue of $9.4 billion beating expectations of $9.31 billion. Despite a decline in same-store sales of 4%, it was an improvement over the anticipated 5.3% drop, leading to a rise in the company's stock.
Source: YAHOO