U.S. COMPANY FILING
STARBUCKS CORP — Form 10-K filed 2025-11-14
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Starbucks reported fiscal 2025 revenue of $37.2 billion, up 3%, but net earnings fell sharply to $1.86 billion, with diluted EPS of $1.63 versus $3.31 last year. The company executed its 'Back to Starbucks' strategy, closing underperforming stores and incurring $892 million in restructuring and impairment charges. Comparable store sales declined in both North America and International segments, though International revenue grew 7%. The company expects continued macroeconomic challenges in fiscal 2026.
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