Starbucks sales improve but store closures and layoffs take a bite out of profits

Starbucks sales improve but store closures and layoffs take a bite out of profits

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Starbucks reported better-than-expected revenue in its fiscal fourth quarter as its U.S. sales improved

ByDEE-ANN DURBIN AP business writer

October 29, 2025, 4: 08 PM

Starbucks reported better-than-expected revenue in its fiscal fourth quarter as its U.S. sales improved.

The Seattle-based company said Wednesday its net revenue rose 5% to $9.6 billion in the July-September period. That was better than the $9.3 billion Wall Street was expecting, according to analysts polled by FactSet.

Starbucks’ global same-store sales, or sales at locations open at least a year, rose 1% compared to the same period a year ago. It was the first time in seven quarters that the company posted an increase in same-store sales.

That increase was largely due to markets outside North America, where same-store sales rose 3%. In North America and the U.S., same-store sales were flat. But that was still an improvement from the third quarter, when U.S. same-store sales fell 2%.

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