Starbucks is set to announce its quarterly earnings, with analysts predicting earnings per share of 56 cents and revenue of $9.35 billion for its fiscal fourth quarter. The coffee giant, under CEO Brian Niccol, is facing its seventh consecutive quarter of same-store sales declines, mostly due to weaker demand in North America.

Struggling with competition and price-conscious customers in the U.S. and China, Starbucks is focusing on improving the in-store experience and order times. The company is also considering selling a stake in its China business. Starbucks recently announced store closures and layoffs as part of a $1 billion restructuring plan.

Investors are growing impatient with Starbucks’ slow turnaround, with shares falling 7% this year while the S&P 500 climbed 17%. The company’s market cap has shrunk to around $97 billion.

Read more at CNBC: Starbucks (SBUX) earnings Q4 2025