Starbucks Q3 2025 Financial Results

Starbucks Corporation reported its financial results for the third quarter of fiscal year 2025, ending June 29, 2025. The company announced a 4% increase in consolidated net revenues, reaching $9.5 billion. However, global comparable store sales declined by 2%, primarily due to a 2% drop in comparable transactions, partially offset by a 1% increase in average ticket. The North America segment saw a 2% decline in comparable store sales, driven by a 3% decrease in transactions, while the International segment remained flat. Starbucks opened 308 net new stores during the quarter, bringing the total to 41,097 stores worldwide. GAAP operating margin contracted by 680 basis points to 9.9%, largely due to investments in the 'Back to Starbucks' strategy and inflation. GAAP earnings per share (EPS) were $0.49, a 47% decline from the previous year, while non-GAAP EPS was $0.50, down 46%. The company also announced a cash dividend of $0.61 per share, payable on August 29, 2025.