Starbucks Corp Company News
Both Starbucks Rewards and non-Rewards transactions were up for the first time since 2022
Starbucks’ quarterly sales beat expectations, but earnings missed the mark as the coffee chain continues to invest to fund its turnaround effort. Shares jumped 3% in Wednesday trading as investors were encouraged to see Starbucks posted positive year-over-year growth in its U.S. comparable sales. In the international markets, comparable sales went up by 5%, driven by 7% growth in China.
Starbucks reported sales figures that served as further signal that the company's "Back to Starbucks" effort to get people into its cafes again is working.
Starbucks pares advance on mixed earnings, Brinker International tops views on Chili's strength. EAT stock slides from entry.
Earnings season is in full swing, with 102 companies in the benchmark S&P 500 index reporting this week, according to LSEG. Microsoft, Meta Platforms and Tesla are among the companies due to report this afternoon.
SBUX's shares jump pre-market after Q1 results show rising revenues, improving comps and early traction from its "Back to Starbucks" strategy.
The coffee chain’s U.S. same-store sales rose 4% in the latest quarter, the strongest showing since late 2023.
Starbucks global sales at established locations rose 4% in the most recent quarter. The company also issued its full-year outlook, saying sales from established locations are seen growing at least 3% in fiscal 2026, above the average of analyst estimates. Redd Brown reports on "Bloomberg Open Interest."
STORY: Starbucks showed signs of a revival in the U.S. on Wednesday (January 28).The coffee chain beat forecasts for first-quarter comparable sales.Demand jumped 4% in its home U.S. market - marking its first rise in two years.The company also reported a 4% uplift in quarterly global comparable sales - beating Wall Street projections.It was a signal CEO Brian Niccol's turnaround plans may have worked. He focused on reviving the company's coffeehouse culture in the U.S.Starbucks also cut nearly 30% of its offerings in U.S. stores at the end of last year.And the company has shed hundreds of underperforming stores, while trying to lower back-end operational costs.Looking ahead, Starbucks also reinstated its full-year targets.It expects global same-store sales to grow 3% or higher this fiscal year - just ahead of analyst estimates.Investors liked what they saw Wednesday and shares were up 10% in early trade.The stock has risen about 14% so far this year.
Starbucks (NASDAQ:SBUX) executives said the company began fiscal 2026 with accelerating comparable sales growth and improving transaction trends, citing early momentum from its “Back to Starbucks” turnaround plan and the rollout of its Green Apron service standard. First-quarter results show transa
Board removes reimbursement cap for Brian Niccol's personal jet travel, citing heightened media attention and security risks in new filing.
The headline numbers for Starbucks (SBUX) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Catherine Park: Good morning, and thank you for joining us today to discuss Starbucks first quarter fiscal year 2026 results. Today's discussion will be led by Brian R. Niccol, Chairman and Chief Executive Officer, and Catherine R. Smith, Executive Vice President and Chief Financial Officer. Starbucks Corporation assumes no obligation to update any of these forward-looking statements or information.
Starbucks reported long-awaited sales growth, with a mix of growing ticket sizes and increasing comparable-store traffic. But a strike continues
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Starbucks Corp Short Company Overview:
Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the World Wide Web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams.
