Starbucks (SBUX) Lags Q2 Earnings and Revenue Estimates

Core Viewpoint - Starbucks reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of$ 0.49 per share, and down from $0.68 per share a year ago, indicating an earnings surprise of -16.33% [1][2] Financial Performance - The company posted revenues of$ 8.76 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.31%, but up from $8.56 billion year-over-year [2] - Over the last four quarters, Starbucks has surpassed consensus EPS estimates only once [2] Stock Performance - Starbucks shares have declined approximately 8.1% since the beginning of the year, compared to a -6% decline in the S&P 500 [3] - The current Zacks Rank for Starbucks is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.87 on revenues of $9.51 billion, and for the current fiscal year, it is$ 2.92 on revenues of $37.25 billion [7] - The trend of estimate revisions for Starbucks is mixed, which could change following the recent earnings report [6] Industry Context - The Retail - Restaurants industry, to which Starbucks belongs, is currently in the bottom 19% of over 250 Zacks industries, suggesting potential challenges ahead [8]