Financial Data and Key Metrics Changes - In Q1 fiscal year 2026, global revenue increased by 5% to $9.9 billion, with operating margins at 10.1% and EPS at $0.56, down 19% from the prior year [5][18][24] - North America revenue grew 3% to $7.3 billion, with comparable store sales also increasing by 4% [5][19] - International segment revenue rose by 10% to $2.1 billion, with comparable sales growth of 5% [13][21] Business Line Data and Key Metrics Changes - North America saw a 4% increase in comparable store sales, driven by a 3% growth in transactions [5][19] - The U.S. company-operated transaction comps grew year over year for the first time in eight quarters, with Starbucks Rewards' active members reaching 35.5 million [6][20] - The international segment's comparable store sales in China grew by 7%, marking the third consecutive quarter of growth [13][22] Market Data and Key Metrics Changes - The U.S. licensed store portfolio revenue declined due to ongoing trends in grocery and retail channels, but growth was noted in business, college, and healthcare segments [21] - The international segment's growth was supported by strong performance in major markets like China, Japan, and the U.K. [21][22] Company Strategy and Development Direction - The company is focused on its "Back to Starbucks" plan, aiming for sustained growth and profitability through disciplined execution [4][5] - Strategic investments are being made to enhance operational foundations, with a focus on technology and supply chain improvements [8][19] - The company plans to open approximately 600-650 net new coffeehouses in fiscal 2026, with a significant portion in China [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the turnaround strategy, noting that top-line growth is expected to lead to improved margins and earnings [4][16] - The company anticipates that pressures from product and distribution cost inflation will begin to ease as the fiscal year progresses [23][29] - The outlook for fiscal 2026 includes expectations for 3% or better global comparable sales growth [27][30] Other Important Information - A joint venture with Boyu Capital was announced to enhance Starbucks' potential in China, with expectations to close the deal in spring 2026 [24][25] - The company has reduced its menu by approximately 25-30% to streamline offerings and focus on health and wellness platforms [78] Q&A Session Summary Question: North America traffic performance and Green Apron service model - Management noted that North America comp results were driven by transactions, with about 0.5 points attributed to sales transfer from closed stores [36] Question: Additional cost opportunities - The company is tracking down about $2 billion in costs over the next two years, focusing on efficiency across the P&L [41] Question: Earnings guidance for fiscal 2026 - Higher-end guidance is contingent on maintaining strong comp performance, supported by effective execution of the Green Apron service model [44][46] Question: Same-store sales momentum and non-rewards member growth - Management emphasized the importance of engaging both rewards and non-rewards customers, with a focus on broad marketing and menu innovation [48][50] Question: Afternoon execution opportunities - The company plans to enhance afternoon offerings with more relevant beverages and food, leveraging digital menu boards for better customer engagement [54][55]

周三晚间，星巴克交出了一份令市场振奋的财报。这家全球最大的咖啡连锁企业在2026年第一财季实现全球同店销售增长4%，连续第二个季度录得正增 长，超出了华尔街最乐观的预期。 更值得关注的是，美国市场客流量八个季度来首次转正，标志着CEO Brian Niccol的"回归星巴克"（Back to Starbucks）转型战略正在产生实质性成果。 财报核心要点如下： 第一财季合并营收增长6%至99亿美元，全球同店销售由交易量增长3%和客单价增长1%共同驱动。 尽管销售增长强劲，但调整后每股收益为0.56美元，同比下降19%，已连续六个季度出现双位数下滑。 高昂的劳动力投资和咖啡成本上涨持续侵蚀利润率，第一财季GAAP运营利润率收缩290个基点至9.0% 公司在发布2026财年指引时表示，全球同店销售预计增长至少3%，并预期运营利润率将略有改善。 国际业务表现强劲，中国市场复苏势头明显 国际市场延续了增长势头，同店销售增长5%，超过北美市场表现。该地区营收大增10%至20.6亿美元，运营利润增长19%至2.83亿美元，运营利润率从 12.7%提升至13.7%，扩张100个基点。 | 财务指标 (Q1 FY26) | ...

智通财经APP获悉，星巴克(SBUX.US)公布了第一财季业绩。该公司连续第二个季度在一项关键销售指 标上实现增长，这进一步巩固了这家咖啡连锁店的发展势头，并表明首席执行官Brian Niccol的扭亏为 盈策略努力正在取得成效。第一财季营收达99.2亿美元(同比增长 6%)，超出预期 2.6 亿美元。不过，第 一财季调整后每股收益降至56美分，略低于市场预期；主要原因是连锁店转型相关的劳动力成本上升以 及咖啡成本上涨。 该公司周三在一份声明中表示，第一财季全球同店销售额增长4%，这一数字高于分析师的平均预期 2.3%，主要得益于同店交易量增长3%和平均客单价增长1%，是该公司两年来交易量首次实现增长;并 延续了此前一个季度在经历了长期低迷后取得的积极业绩。 在美国以外，星巴克的国际同店销售额增长了 5%。而中国是该公司第二大市场，同店销售额增长了 7%。第一财季，该公司宣布计划与博裕资本成立一家合资企业，以运营其在中国的业务。该交易预计 将于2026财年第二季度完成，尚待监管部门批准。 自Niccol于2024年接任以来，星巴克股价上涨了 5%，而同期标普500 指数上涨了 29%。尽管分析师和 投资者大多 ...

Starbucks returned to customer traffic growth for the first time in two years, signalling early progress in its turnaround while underscoring the cost pressures reshaping its earnings profile. The cof... ...

钛媒体App 1月28日消息，美股盘前要闻： 1. 美国股指期货涨跌不一，截至目前，道琼斯指数期货跌0.03%，标普500指数期货涨0.21%，纳斯达克 100指数期货涨0.85%。 2. 欧洲斯托克50指数跌0.43%，英国富时100指数跌0.51%，法国CAC40指数跌1.41%，德国DAX30指数 跌0.65%，富时意大利MIB指数跌0.95%。 3. 北京时间周四凌晨3点，美联储即将公布2026年的首份利率决议；市场普遍预期，美联储将在本周政 策会议上维持利率不变。 4. 本周四和周五，特斯拉、Meta、微软和苹果将公布财报，华尔街对"七巨头"业绩充满信心，预计整体 盈利增长率达20.3%。 5. 加密货币巨头Tether囤金140吨，是除已知的主权国家与大型银行外全球最大的黄金储备持有者。 9. 德州仪器美股盘前涨超8%，公司第四季度每股盈利1.27美元，营收44.2亿美元，略低于华尔街预期， 但对当前季度预期高于市场预期。 10. 美股存储股盘前普涨，希捷科技涨超10%，西部数据涨超8%，闪迪涨超5%，美光科技涨超4%。 11. 美国联合包裹运送服务公司（UPS）27日宣布，计划今年减少约3万个运 ...

Core Insights - Starbucks reported a Q1 earnings win, with a 4% global same-store sales growth, attributed to higher ticket sizes and transactions, marking the first comparable transaction growth in the US in eight quarters [1][2] Group 1: Sales Performance - North America and US comparable store sales increased by 4%, while international comparable store sales rose by 5%, with Chinese sales up by 7% following the announcement of a 60% stake sale in its China business to Boyu Capital [2] - The stock of Starbucks rose more than 7% in premarket trading following the earnings report [2] Group 2: Management Commentary - CEO Brian Niccol indicated that the Q1 report reflects growing momentum in the "Back to Starbucks" revitalization effort [3] - Niccol expressed excitement about the turnaround plan, emphasizing that top-line growth is being achieved through increased transactions, with clear plans to convert this growth into margin and earnings growth [4]

Core Insights - Starbucks shares reached levels not seen in nearly a year following the announcement of quarterly growth in a key sales metric at the fastest rate in two years [1] Company Performance - The coffee chain reported significant growth in a key sales metric, indicating strong performance and consumer demand [1]

每经AI快讯，1月28日，星巴克股价涨幅扩大，盘前最新涨近10%。 ...

Core Insights - Starbucks has reported a key sales metric showing growth for the second consecutive quarter, indicating the effectiveness of the comprehensive transformation led by new CEO Brian Niccol [1] Financial Performance - The company's global same-store sales increased by 4% year-over-year, slightly exceeding analyst expectations and continuing the positive momentum from the previous quarter [1] - In the crucial U.S. market, same-store sales also grew by 4%, reflecting the ongoing recovery after a prolonged period of stagnation [1] Strategic Outlook - Analyst Andy Barish from Jefferies noted that the company must sustain sales growth into the second half of fiscal 2026 to improve profitability and justify the current substantial investments [1]

Core Viewpoint - Starbucks' stock price has increased by nearly 10% in pre-market trading, indicating positive market reaction to the company's recent performance and strategic changes under new CEO Brian Niccol [1] Group 1: Financial Performance - The company reported a 4% year-over-year increase in global same-store sales for the most recent fiscal quarter, slightly exceeding analyst expectations [1] - This marks the second consecutive quarter of growth in this key sales metric, suggesting a recovery from a prolonged period of stagnation [1] Group 2: Leadership and Strategy - The positive sales performance is attributed to the comprehensive transformation led by new CEO Brian Niccol, indicating that his strategies are beginning to take effect [1]