Starbucks results miss estimates, but CEO expresses confidence in turnaround

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But retail analyst suggests consumer attitudes might be shifting to ‘unique or decadent treats instead of on classic drinks and pastries’

Last Updated: April 29, 2025 at 4:25 p.m. ET

First Published: April 29, 2025 at 2:13 p.m. ET

Starbucks Corp. on Tuesday reported fiscal second-quarter results that missed expectations, amid what its chief executive described as a “tough consumer environment.”

Adjusted earnings per share were 41 cents during the period. Starbucks SBUX had $8.76 billion in sales during the quarter. Same-store sales fell 1%.

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