
Starbucks Revenue Rises 5.5% to $9.9B Despite 62% Earnings Drop and China JV Shift
Starbucks CorporationDescription
What this story covers
Starbucks' Q1 FY2026 10-Q shows 5.5% revenue growth to $9.9B from store sales and alliances, but net earnings fell 62% to $293M due to restructuring, taxes, and costs. "Back to Starbucks" strategy drives 4% comparable sales via service upgrades and digital; China JV to yield $2.4B proceeds. Solid liquidity supports dividends and debt management amid commodity risks.
Story snapshot
CompanyStarbucks Corporation
TickerSBUX
VariantStandard detailed
Duration12:20
Filing type10-Q
PeriodQ1 2026
IndustryConsumer Services
Accession0000829224-26-000011
Full Story Script
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