Starbucks same-store sales fall for sixth straight quarter
UNITED STATES, JUL 29 – Starbucks' U.S. same-store sales dropped 2% in the April-June quarter, marking six straight quarters of decline despite a 4% revenue increase, company reports show.
- Starbucks reported a 2% fall in U.S. same-store sales for the sixth consecutive quarter in the April-June 2025 period despite revenue rising 4% to $9.5 billion.
- The decline resulted from ongoing weak U.S. demand and exceeded Wall Street’s expectations, while analysts had forecast $9.3 billion revenue and 65 cents earnings per share.
- Starbucks gathered 14,000 store managers and regional executives for a two-day event in Las Vegas and revealed plans to refurbish over 1,000 U.S. locations by the end of 2025, adding more seating areas.
- The company reported a 46% decline in adjusted earnings, which came in at 50 cents per share for the quarter, falling short of the 65-cent estimate, although its shares gained 1.8% during after-hours trading on Tuesday.
- CEO Brian Niccol affirmed confidence that new products like cold foam protein drinks and coconut water beverages will help reverse U.S. sales decline, alongside phasing out pickup-only outlets lacking warmth.
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Starbucks still struggling as coffee giant’s same-store sales drop for 6th straight quarter
Starbucks reported a bigger-than-expected fall in third-quarter global comparable sales on Tuesday, as cautious consumer spending cooled demand at the coffee chain operator.
·New York, United States
Read Full ArticleStarbucks hopes slate of new products will boost sagging sales
Starbucks said Tuesday it’s confident that new products coming next year — including a cold foam protein drink, coconut water-based beverages and improved baked goods — will help turn around the company’s lagging U.S. sales.
·Portland, United States
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Total News Sources80
Leaning Left16Leaning Right9Center42Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 24%
C 63%
13%
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