Starbucks Ditches China Control In $4 Billion Pivot—Here’s Who’s Really Winning!

Starbucks Corporation reported its third-quarter fiscal year 2025 results, reflecting a phase of transformation and strategic investments aimed at repositioning the company for future growth. The company’s performance was characterized by a mixed set of results, with particular emphasis on operational overhauls and preliminary signs of progress in critical areas. In terms of financial metrics, total company net revenue reached $9.5 billion, albeit with a global comparable store sales decline of 2%. The global operating margin stood at 10.1%, and earnings per share (EPS) were reported at $0.50. U.S. comparable sales declined by 2%, signaling that the company is still in the early stages of its turnaround strategy locally. Conversely, international performance, particularly in China, showed resilience with comparable store sales growth of 2% and transaction growth of 6%.