Starbucks Corporation
- Starbucks Corp. gained 4.3% to $97.25 after the coffee chain retailer reported a slight increase in revenue and a 47% decline in profit in the fiscal third quarter.
Revenue increased to $9,556 billion from $9,113.9 billion, net income declined to $558.3 million from $1.1 billion, and diluted earnings per share fell to 49 cents from 93 cents a year ago.
Operating income decreased to $218.4 million from $235.2 million a year earlier, respectively.
The company board declared a cash dividend of $0.61 per share, payable on August 29, 2025.
In May, the company issued a $1.75 billion bond.
U.S. comparable store sales declined by 2%, and there was a 4% decline in comparable transactions.
During the third quarter the company opened 308 net new stores.
Brian Niccol, chairman and chief executive officer, said, “In 2026, we'll unleash a wave of innovation that fuels growth, elevates customer service, and ensures everyone experiences the very best of Starbucks. We're building back a better Starbucks experience and a better business.”
Jul 30, 2025
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