---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-25-000033"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:28:28.043994+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Starbucks Q2 FY25 GAAP EPS $0.34, down 50% YoY; revenue $8.8B +2%

## Summary
- Global comparable store sales fell 1%, with U.S. down 2% on 4% fewer transactions.
- GAAP operating margin contracted 590 bps to 6.9%; non-GAAP margin down 460 bps to 8.2%.
- North America operating income fell 35% to $748M; margin down 640 bps to 11.6%.
- Laid off 1,100 support partners; Cathy Smith appointed CFO effective March 24.
- Dividend declared $0.61 per share, payable May 30 to holders of record May 16.

## SEC filing metadata
- accession: 0000829224-25-000033
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922425000033/0000829224-25-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922425000033/sbux-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-25-000033
- JSON: https://secwatch.observer/filing/0000829224-25-000033.json
- Plain text: https://secwatch.observer/filing/0000829224-25-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.