In the first quarter, Starbucks China reported revenue of USD 823.4 million, an increase of 11%

Wallstreetcn
2026.01.28 14:26

On the evening of January 28, Starbucks released its fiscal year 2026 first-quarter earnings report, showing double-digit revenue growth in the Chinese market, with same-store sales experiencing positive growth for three consecutive quarters. Specifically, Starbucks China reported first-quarter revenue of USD 823.4 million, an increase of 11%; same-store sales grew by 7% (with transaction volume increasing by 5% and average ticket price rising by 2%). In terms of store count, Starbucks China entered 13 new county-level cities in the first quarter, and by the end of the quarter, Starbucks had opened 8,011 stores in 1,103 county-level cities nationwide, a year-on-year increase of 4%