Keep pulling the thread on Starbucks Rewards.
In Q1 fiscal year 2026, Starbucks' global revenue grew by 5% to $9.9 billion.
Starbucks' global comparable store sales increased by 4% in Q1 fiscal year 2026.
In Q1 fiscal year 2026, Starbucks' consolidated operating margin was 10.1%, a contraction of 180 basis points from the prior year.
Starbucks reported earnings per share of $0.56 in Q1 fiscal year 2026, a 19% decrease from the prior year.
In Q1 fiscal year 2026, Starbucks' North America revenue grew 3% to $7.3 billion.
Starbucks' U.S. comparable store sales grew 4% in Q1 fiscal year 2026, with transactions up 3%.
In Q1 fiscal year 2026, Starbucks' international segment revenue grew 10% year-over-year to $2.1 billion.
Starbucks has a plan to achieve approximately $2 billion in cost savings over the next two years.
Starbucks China's comparable store sales grew 7% in Q1 fiscal year 2026, with a 5% improvement in comparable transactions.
Starbucks has formed a joint venture with Boyu Capital for its retail operations in China, where Boyu will acquire up to a 60% interest and Starbucks will retain 40%.
Starbucks expects to open 600 to 650 net new coffeehouses globally in fiscal year 2026.
For fiscal year 2026, Starbucks expects 3% or better global comparable sales growth, led by 3% or better comp sales in the U.S.