星巴克Starbucks Corp. (SBUX) 2025财年第三季度业绩电话会纪要「NASDAQ」（英文版）（22页）.pdf

1、 Corrected Transcript 1-877-FACTSET Total Pages:22 Copyright 2001-2025 FactSet CallStreet,LLC 29-Jul-2025 Starbucks Corp.(SBUX)Q3 2025 Earnings Call Starbucks Corp.(SBUX)Q3 2025 Earnings Call Corrected Transcript 29-Jul-2025 1-877-FACTSET 2 Copyright 2001-2025 FactSet CallStreet,LLC CORPORATE PARTIC

2、IPANTS Catherine Park Vice President,Investor Relations,Starbucks Corp.Brian R.Niccol Chairman&Chief Executive Officer,Starbucks Corp.Catherine R.Smith Chief Financial Officer&Executive Vice President,Starbucks Corp.OTHER PARTICIPANTS David E.Tarantino Analyst,Robert W.Baird&Co.,Inc.David Palmer Ana

3、lyst,Evercore ISI Brian Harbour Analyst,Morgan Stanley&Co.LLC Sara H.Senatore Analyst,BofA Securities,Inc.Lauren Silberman Analyst,Deutsche Bank Securities,Inc.John Ivankoe Analyst,JPMorgan Securities LLC Andrew M.Charles Analyst,TD Cowen Christine Cho Analyst,Goldman Sachs&Co.LLC Jeffrey A.Bernstei

4、n Analyst,Barclays Capital,Inc.Chris OCull Analyst,Stifel,Nicolaus&Co.,Inc.Jon Tower Analyst,Citigroup Global Markets,Inc.Danilo Gargiulo Analyst,Bernstein Institutional Services LLC Starbucks Corp.(SBUX)Q3 2025 Earnings Call Corrected Transcript 29-Jul-2025 1-877-FACTSET 3 Copyright 2001-2025 FactS

5、et CallStreet,LLC MANAGEMENT DISCUSSION SECTION Operator:Good afternoon.My name is Diego,and I will be your conference operator today.I would like to welcome everyone to Starbucks Third Quarter Fiscal Year 2025 Conference Call.All lines have been placed on mute to prevent any background noise.After

6、the speakers remarks,there will be a question-and-answer session.Operator Instructions I will now turn the call over to Catherine Park,Vice President of Investor Relations.Ms.Park,you may now begin your conference.Catherine Park Vice President,Investor Relations,Starbucks Corp.Good afternoon,and tha