Starbucks Reports Q1 Fiscal Year 2026 Earnings, Comparable Store Sales Growth

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The company saw a 6% increase in consolidated net revenues to $9.9 billion, with a 4% increase in global comparable store sales and a 3% increase in transactions. Non-GAAP earnings per share were $0.56, down 19% from the prior year. Starbucks also announced plans for its 2026 Investor Day, the appointment of a new Chief Technology Officer, and a cash dividend of $0.62 per share, payable on February 27, 2026. The company introduced fiscal year 2026 guidance with expectations for comparable store sales growth and net revenue increases.

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About Starbucks Corporation

Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.