Starbucks: EPS Beats Despite Sales Dip
Starbucks (NASDAQ:SBUX), the global coffeehouse chain, released its first-quarter earnings for the fiscal year 2025 on January 28, 2025.
The earnings announcement was a mixed bag, with earnings per share (EPS) and revenue slightly surpassing analysts' expectations but facing declines in key sales metrics. Starbucks reported EPS of $0.69, edging out the anticipated $0.67. Revenue was steady at $9.4 billion, marginally above expectations of $9.315 billion.
Despite these positive notes, global comparable store sales slipped by 4%, highlighting ongoing challenges for the company this quarter.
Source Fool.com
