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Starbucks Corporation(SBUX.US) reported its fiscal Q1 2025 results, ending December 29, 2024. 

The company achieved total revenue of US$9.398 billion, largely flat year-on-year but above market expectations. Operating profit fell 24.78% to US$1.075 billion, with net profit down 23.78% to US$781 million. EPS was US$0.69, surpassing expectations but declining 23.3%.

CEO Brian Niccol said they are seeing positive responses from the "Return to Starbucks" plan initiated last September. CFO Rachel Ruggeri expressed optimism about the strategy's effectiveness.

The stock closed at US$100.41, rising 0.39%, with an additional 0.26% gain post-market. Since Niccol's appointment in August, the stock has climbed nearly 30%.

Starbucks reduced discount transactions by 40% and plans to cut future costs while enhancing customer experience and streamlining operations.