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Source document· January 28, 2026
Starbucks Reports Q1 Fiscal Year 2026 Results
View original at finance.yahoo.com“Consolidated net revenues increased 6% to $9.9 billion, or a 5% increase on a constant currency basis”
What we drew from this source
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Margin pressure driven by labor investments supporting Back to Starbucks, elevated coffee pricing, tariffs, and inflationary pressures
80% confidenceChina retail operations assumed to remain company-operated in H2 FY2026 for guidance purposes
80% confidenceThe company achieved first U.S. comparable transaction growth in eight quarters
80% confidenceThe Back to Starbucks strategy is working and the company believes it is ahead of schedule
80% confidence
