{"id":18533,"date":"2026-01-28T13:08:55","date_gmt":"2026-01-28T13:08:55","guid":{"rendered":"https:\/\/www.jubi24.com\/?p=18533"},"modified":"2026-01-28T13:08:58","modified_gmt":"2026-01-28T13:08:58","slug":"starbucks-sbux-earnings-q1-2026","status":"publish","type":"post","link":"https:\/\/www.jubi24.com\/?p=18533","title":{"rendered":"Starbucks (SBUX) earnings Q1 2026"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\" \/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108257636\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. <\/p>\n<p>Spencer Platt | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\"><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"https:\/\/www.cnbc.com\/quotes\/SBUX\/\">Starbucks<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> on Wednesday reported mixed quarterly results as the company&#8217;s turnaround propels traffic growth for the first time in two years but weighs on its bottom line.<\/p>\n<p>&#8220;Our Q1 results demonstrate our &#8216;Back to Starbucks&#8217; strategy is working and we believe we&#8217;re ahead of schedule,&#8221; CEO Brian Niccol said in a statement. &#8220;It&#8217;s great to see the sales momentum driven by more customers choosing Starbucks more often, and this is just the beginning.&#8221;<\/p>\n<p>The company also shared its first\u00a0financial\u00a0outlook since suspending its forecast in October 2024. For fiscal 2026, Starbucks is projecting adjusted earnings per share in a range of $2.15 to $2.40, on the lower end of Wall Street&#8217;s estimates of $2.35 per share,\u00a0according to LSEG. The company is also projecting global and U.S. same-store sales growth of at least 3%.<\/p>\n<p>Shares rose more than 8% in premarket trading.<\/p>\n<p>Here&#8217;s what the company reported for the quarter ended Dec. 28 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:<\/p>\n<ul>\n<li>Earnings per share: 56 cents adjusted vs. 59 cents expected<\/li>\n<li>Revenue: $9.92 billion vs. $9.67 billion expected<\/li>\n<\/ul>\n<p>The coffee giant reported fiscal first-quarter net income attributable to Starbucks of $293.3 million, or 26 cents per share, down from $780.8 million, or 69 cents per share, a year earlier. In addition to costs related to the turnaround, higher coffee prices and tariffs weighed on the company&#8217;s margins during the quarter.<\/p>\n<p>Excluding restructuring costs, impairment charges and other items, Starbucks earned 56 cents per share.<\/p>\n<p>Net sales<strong> <\/strong>rose 6% to $9.92 billion, driven by the company&#8217;s second straight quarter of same-store sales growth.<\/p>\n<p>Global same-store sales increased 4%, topping StreetAccount estimates of 2.3%. Traffic grew 3%, marking the first time that the company&#8217;s transactions have grown in two years.<\/p>\n<p>U.S. same-store sales also rose 4%, fueled by demand for its holiday offerings, like its viral &#8220;Bearista&#8221; cup and classics menu items like the peppermint mocha. In November, Niccol said the holiday menu launch was the best-ever day for the company&#8217;s North American business.<\/p>\n<p>Outside the U.S., Starbucks&#8217; international same-store sales increased 5%.<\/p>\n<p>China, the company&#8217;s second-largest market, saw same-store sales grow 7%. During the quarter, the company announced its plans to form a joint venture with Boyu Capital to run its business in China. The deal is expected to close in the second quarter of fiscal 2026, pending regulatory approval.<\/p>\n<p>Starbucks&#8217; fiscal 2026 forecast assumes that the company will keep operating Starbucks China&#8217;s retail stores in the second half of the fiscal year.<\/p>\n<p>The company also opened 128 net new locations during the quarter.<\/p>\n<p>In fiscal 2026, Starbucks plans to open 600 to 650 net new company-owned and licensed cafes. The development comes on the heels of the company shuttering roughly 400 U.S. locations last year.<\/p>\n<p>Investors are expecting to hear more details about Niccol&#8217;s strategy on Thursday at an investor day held in New York City. Executives will also share the company&#8217;s new long-term financial targets.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/01\/28\/starbucks-is-about-to-report-earnings-heres-what-to-expect.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty Images Starbucks on Wednesday reported mixed quarterly results as the company&#8217;s turnaround propels traffic growth for the first time in two years but weighs on its bottom line. &#8220;Our Q1 results &#8230; <a title=\"Starbucks (SBUX) earnings Q1 2026\" class=\"read-more\" href=\"https:\/\/www.jubi24.com\/?p=18533\" aria-label=\"Read more about Starbucks (SBUX) earnings Q1 2026\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":18534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-18533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2026\/01\/Starbucks-SBUX-earnings-Q1-2026.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/18533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18533"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/18533\/revisions"}],"predecessor-version":[{"id":18535,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/18533\/revisions\/18535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/18534"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}