People go up the escalator under the Starbucks Coffee sign in Manhattan, New York City, December 2, 2025.
Spencer Pratt | Getty Images
starbucks is expected to report first-quarter results before the bell on Wednesday.
Here’s what Wall Street analysts surveyed by LSEG expect from the company’s report:
Earnings per share: 59 cents Expected sales: $9.67 billion expected
Analysts also expect Starbucks to have a successful holiday season. In November, midway through the quarter, CEO Brian Nicol said the company had its highest-ever sales in North America on the day of its holiday menu launch.
Starbucks’ same-store sales are expected to increase 2.3% in the quarter, according to Street Account estimates. The coffee chain’s same-store sales increase was the second consecutive quarter of growth, a sign that Nicol’s turnaround plan is taking hold in the United States.
Investors expect to hear more details about Nicol’s strategy at an investor day in New York City on Thursday. Executives will also share the company’s new long-term financial goals. Starbucks suspended its outlook in October 2024, shortly after Nicol took the helm.
Starbucks stock has fallen more than 3% over the past year, weighed down by investor concerns about the company’s turnaround and a broader decline in consumer spending. The stock’s market capitalization is approximately $109 billion.
