Starbucks is expected to report its fiscal second-quarter earnings after the bell on Tuesday. Analysts surveyed by LSEG forecast earnings per share of 79 cents and revenue of $9.13 billion. After a weak report last quarter, analysts are not expecting significant improvement in demand until the second half of the fiscal year. The coffee giant has faced challenges with declining traffic to its cafes due to discounting by rivals in China and boycotts by some U.S. consumers. Despite these headwinds, Starbucks remains optimistic and expects sales to rebound. The company is investing heavily in advertising and promoting new seasonal drinks. For fiscal 2024, Starbucks anticipates revenue growth of 7% to 10% and global same-store sales growth of 4% to 6%. The company also expects earnings per share growth of 15% to 20%. Starbucks shares have declined 22% over the past year, with a market value of $100 billion.