Starbucks Corp

SBUX: XNAS (USA)

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Starbucks Earnings: Prudent Brand Investment Continues to Brew Traffic Gains; Shares Rich

Ari Felhandler

Apr 29, 2026

Starbucks' global comparable sales popped 6.2%, including 7.1% in the US, boosted by a 4.3% lift in transactions and a 2.7% benefit from higher tickets. Adjusted operating margin expanded 120 basis points to 9.4% but was aided by lower depreciation costs on held-for-sale China assets.

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Starbucks Corp

Starbucks Earnings: Prudent Brand Investment Continues to Brew Traffic Gains; Shares Rich

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