Starbucks’ quarterly sales have continued to fall, putting pressure on the company’s new management to boost growth. Despite progress in reviving sales, same-store sales declined by 1% in the quarter ended March 30, missing Wall Street estimates. This disappointing result comes as a sputtering economy adds to the challenges faced by the coffee chain. The company’s earnings per share also missed expectations, further exacerbating concerns about its ability to regain momentum.
Source: https://www.bloomberg.com/news/articles/2025-04-29/starbucks-says-turnaround-on-track-as-sales-decline-persists