1、 Corrected Transcript 1-877-FACTSET Total Pages:22 Copyright 2001-2025 FactSet CallStreet,LLC 29-Apr-2025 Starbucks Corp.(SBUX)Q2 2025 Earnings Call Starbucks Corp.(SBUX)Q2 2025 Earnings Call Corrected Transcript 29-Apr-2025 1-877-FACTSET 2 Copyright 2001-2025 FactSet CallStreet,LLC CORPORATE PARTIC
2、IPANTS Tiffany Willis Senior 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 Palmer Analyst,Evercore ISI Sara H.Senatore Analyst,
3、BofA Securities,Inc.David E.Tarantino Analyst,Robert W.Baird&Co.,Inc.Brian Harbour Analyst,Morgan Stanley&Co.LLC Andrew M.Charles Analyst,TD Cowen Christine Cho Analyst,Goldman Sachs&Co.LLC Jeffrey A.Bernstein Analyst,Barclays Capital,Inc.Jon Tower Analyst,Citigroup Global Markets,Inc.John Ivankoe A
4、nalyst,JPMorgan Securities LLC Chris OCull Analyst,Stifel,Nicolaus&Co.,Inc.Danilo Gargiulo Analyst,Bernstein Institutional Services LLC Peter Saleh Analyst,BTIG LLC Starbucks Corp.(SBUX)Q2 2025 Earnings Call Corrected Transcript 29-Apr-2025 1-877-FACTSET 3 Copyright 2001-2025 FactSet CallStreet,LLC
5、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 Second Quarter Fiscal Year 2025 Conference Call.All lines have been placed on mute to prevent any background noise.After the speakers rema
6、rks,there will be a question-and-answer session.Operator Instructions I will now turn the call over to Tiffany Willis,Senior Vice President of Investor Relations.Ms.Willis,you may now begin your conference.Tiffany Willis Senior Vice President,Investor Relations,Starbucks Corp.Good afternoon,and than