Starbucks Q1 2026 Earnings Report & Turnaround Update
Summary
Starbucks reported mixed Q1 fiscal 2026 results, missing earnings estimates but beating revenue expectations. Crucially, customer transactions grew for the first time in two years, signaling early success in CEO Brian Niccol’s “Back to Starbucks” turnaround plan. The company also provided its first financial outlook since 2024.
Key Points
- Financial Performance: Adjusted EPS of $0.56 missed estimates ($0.59). Revenue of $9.92B exceeded expectations ($9.67B). Net income fell year-over-year.
- Turnaround Momentum: Global same-store sales rose 4%, and customer traffic increased 3%, marking the first transaction growth in two years. Growth continued into January.
- Regional Results: U.S. same-store sales up 4%, driven by strong holiday demand. International sales rose 5%, with China (2nd largest market) up 7%.
- Strategic Moves: Announced a joint venture with Boyu Capital to run its China business, pending regulatory approval (expected Q2 FY26).
- Outlook: For FY26, projects adjusted EPS of $2.15-$2.40 and global/U.S. same-store sales growth of at least 3%. Plans to open 600-650 net new stores globally.
- Investor Day: Company to share long-term financial targets and more strategic details at an event in New York City on Thursday.
星巴克2026财年第一季度财报及转型更新
简报摘要
星巴克公布了2026财年第一季度业绩，结果喜忧参半：每股收益未达预期，但营收超出预期。关键的是，顾客交易量两年来首次实现增长，这表明CEO布莱恩·尼科尔的”回归星巴克”转型计划已初见成效。公司还提供了自2024年以来的首次财务展望。
关键要点
- 财务表现：调整后每股收益0.56美元，低于预期（0.59美元）。营收99.2亿美元，超出预期（96.7亿美元）。净利润同比下降。
- 转型势头：全球同店销售额增长4%，客流量增长3%，标志着两年来交易量首次增长。这一增长势头延续到了一月份。
- 区域业绩：美国同店销售额增长4%，受假日需求强劲推动。国际销售额增长5%，其中第二大市场中国增长7%。
- 战略举措：宣布与博裕资本成立合资公司运营中国业务，尚待监管批准（预计2026财年第二季度完成）。
- 未来展望：对2026财年，预计调整后每股收益2.15-2.40美元，全球及美国同店销售额增长至少3%。计划在全球净新增600-650家门店。
- 投资者日：公司将于周四在纽约举行投资者日活动，分享长期财务目标和更多战略细节。
Original Article Link: https://www.cnbc.com/2026/01/28/starbucks-is-about-to-report-earnings-heres-what-to-expect.html