People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City.
Spencer Platt | Getty Images
Starbucks is expected to report its fiscal first-quarter earnings on Wednesday before the bell.
Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report:
Earnings per share: 59 cents expectedRevenue: $9.67 billion expected
Analysts are also anticipating that Starbucks had a successful holiday season. In November, about halfway through the quarter, CEO Brian Niccol said the company had its biggest-ever sales day in North America on the launch day for its holiday menu.
Starbucks’ same-store sales are projected to have risen 2.3% in the quarter, according to StreetAccount estimates. An increase would mark the second straight quarter that the coffee chain has reported same-store sales growth, indicating that Niccol’s turnaround plan is taking hold in the U.S.
Investors are expecting to hear more details about Niccol’s strategy on Thursday at an investor day held in New York City. Executives will also share the company’s new long-term financial targets. Starbucks suspended its outlook in October 2024, shortly after Niccol took the reins.
Shares of Starbucks have fallen more than 3% over the last year, weighed down by investor concerns about its turnaround and a broader pullback in consumer spending. The stock has a market value of roughly $109 billion.
