Starbucks Q1 FY2026: Revenue Rises as Global Same-Store Sales Climb 4%
Starbucks reported Q1 FY2026 revenue of $9.9B (up 6% YoY) with GAAP EPS of $0.26 and non-GAAP EPS of $0.56; global comparable store sales rose 4% (NA/US +4%, International +5%, China +7%), and it issued FY2026 guidance for at least 3% global/comparable-store growth, non-GAAP EPS of $2.15–$2.40, and 600–650 net new stores. The company also announced a China joint venture with Boyu Capital (Starbucks retains 40%), appointed CTO Anand Varadarajan, plans Investor Day on Jan 29, 2026, and declared a $0.62 per-share dividend.