Starbucks’ sales in Malaysia plummet 36% due to Gaza boycott

US-based coffee chain Starbucks’ sales in Malaysia fell 36% year-on-year in the financial year ended in June due to protests and boycotts of Israel’s attacks on Gaza, according to financial results the Malaysian franchiser Berjaya Food Berhad released on Wednesday, Anadolu reports. In the whole financial year ended in June 2025, Starbucks’ revenue was down to 477 million Malaysian ringgits ($113 million). The firm also saw a net loss of $69 million in the whole financial year. In the April-June period, the company’s revenue was down to $27.4 million in the second quarter. The coffee chain posted a total loss of $44.4 million in the same period. “The lower revenue was primarily attributed to the prolonged impact of the ongoing […]