--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/24666889.md" description: "$Starbucks(SBUX.US) latest quarterly earnings forecast shows:Revenue decreased 3% year-over-year to $9.1 billion, lower than market expectations of $9.4 billion;EPS was $0.8, lower than market expectations of $1.03;Global same-store sales fell 7%, the largest decline since the pandemic;Starbucks said revenue was mainly dragged down by weak operations in North America, with U.S. same-store sales down 6% year-over-year, customer traffic down 10%, and average ticket size up 4%; Meanwhile, same-store sales in China also fell 14% year-over-year, with customer traffic down 6% and average ticket size down 8%; Finally, Starbucks said it would suspend updating its FY2025 guidance due to the CEO transition and plans to share more turnaround measures after the market closes on October 30." datetime: "2024-10-23T06:25:54.000Z" locales: - [en](https://longbridge.com/en/topics/24666889.md) - [zh-CN](https://longbridge.com/zh-CN/topics/24666889.md) - [zh-HK](https://longbridge.com/zh-HK/topics/24666889.md) author: "[在榕树头下掘金的兔子](https://longbridge.com/en/profiles/10184934.md)" generator: "portal-rs" --- # $Starbucks(SBUX.US) latest quarterly earnings fore… ### Related Stocks - [SBUX.US](https://longbridge.com/en/quote/SBUX.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**