Starbucks reported Q1 CY2025 revenue of $8.76 billion, a 2.3% year-over-year increase but below analyst estimates of $8.82 billion. GAAP EPS of $0.34 missed expectations by 29.2%, while adjusted EBITDA and operating margin also fell short. Same-store sales dropped 1%, and free cash flow was -$297.2 million. The company operates 40,789 locations, up from 38,951 year-over-year.
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