Form 10-Q · Quarterly report
Starbucks 10-Q, filed Jul 29, 2026
- Filed
- CIK
- 0000829224
- Accession no.
- 0000829224-26-000130
Summary
Starbucks reported fiscal third-quarter 2026 net revenues of $9.3 billion, down 1% from $9.5 billion a year earlier, mainly due to converting its China retail operations to a licensed joint venture model, while global comparable store sales rose 7.9% and consolidated operating margin expanded. The company said the results reflected progress on its "Back to Starbucks" initiatives, including the Green Apron Service standard, menu innovation, and a redesigned Starbucks Rewards program.
Key points
- U.S. comparable store sales rose 7.9%, driven by a 4.2% increase in comparable transactions and a 3.6% increase in average ticket.
- Starbucks had more than 41,000 company-operated and licensed stores across 90 markets as of June 28, 2026, up 1% from the prior year.
- Consolidated operating margin expanded 60 basis points.
- Starbucks operates three reportable segments: North America, International, and Channel Development.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations This Interim Report on Form 10-Q includes certain“forward-looking”statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future events and the potential future results of Starbucks Corporation (together with its subsidiaries) that are based on our current expectations, estimates, forecasts, and projections about, among other things, our business, our results of operations, the industry in which we operate, our economic and market outlook, and the beliefs and assumptions of our management. …
An excerpt of the text as filed with the SEC, cut for length.
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