Starbucks (SBUX) is expected to report fiscal first-quarter results after the market closes Tuesday, with analysts calling for revenue and earnings to fall year-over-year.

Of the 16 analysts covering the stock tracked by Visible Alpha, 10 have issued “buy” or equivalent ratings, with four giving the stock a “hold” rating, and two opting for “sell.” Their consensus price target of near $106 would suggest 6% upside from Tuesday's intraday price at about $100.

The coffee giant is expected to report fiscal first-quarter net sales of $9.32 billion, down 1% year-over-year, and earnings of $773.76 million, or 68 cents per share, down from $1.02 billion, or 90 cents per share, a year ago.

Analysts See Fall in US Same-Store Sales

澳洲幸运5官方开奖结果体彩网:Same-store sales are expected to fall 5% year-over-year, accor𓆉din💧g to Street estimates.

Jefferies analysts have called for a 6% decline in U.S. same-store sales for Starbucks, citing foot-traffic data from Placer.ai. Starbucks is dealing with "lingering challenges around product innovation," the firm said, while its analysts questioned new CEO Brian Niccol's decision to "pull back on discounting/promos" in favor of broad, brand-focused national advertising.

Analysts will be watching for possible 2025 forecast updates after Starbucks 澳洲幸运5官方开奖结果体彩网:did not release a full-year outlook last quarter. The company said last fall that it wanted to “complete an assessment of the business” under Niccol, who 澳洲幸运5官方开奖结果体彩网:took the reins in September.

Shares of Starbucks are up about 7% over the past 12 months.

UPDATE—Jan. 28, 2025: This article has been updated to reflect more recent analyst estimates and share price values.