Starbucks Q2 Revenue at $9.5B Beats Forecasts

Starbucks reported stronger-than-expected results for its fiscal second quarter on Tuesday, with global same-store sales rising 6.2 percent and revenue climbing 9 percent to $9.5 billion, signaling progress in its ongoing turnaround efforts.

The Seattle-based coffee chain exceeded Wall Street forecasts across key metrics. Analysts had anticipated same-store sales growth of around 4 percent and revenue of about $9.2 billion, according to data from FactSet and LSEG. In the United States, same-store sales increased 7.1 percent, driven by a 4.3 percent rise in transactions and higher spending per visit. Globally, all 10 of Starbucks' largest international markets posted positive same-store sales for the first time in nine quarters. Adjusted earnings per share came in at 50 cents, surpassing estimates of 43 cents, while the adjusted operating margin improved to 9.4 percent from a year earlier.

CEO Brian Niccol attributed the gains to the company's "Back to Starbucks" strategy, launched in late 2024, which emphasizes faster service, additional staffing during peak hours, and technology upgrades. Measures include a green apron service model for flexible scheduling, a Smart Queue...