Restaurants(IN00271.US)

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

Starbucks China reported revenue of USD 823.4 million in the first quarter of fiscal year 2026, a year-on-year increase of 11%. Same-store sales grew by 7%, with transaction volume increasing by 5% and average ticket price rising by 2%. Additionally, Starbucks entered 13 new county-level cities in the first quarter, bringing the total number of stores to 8,011, a year-on-year increase of 4%

Starbucks Reports Q1 Fiscal Year 2026 Results | SBUX Stock News

Starbucks Corporation reported its Q1 Fiscal Year 2026 results, showing a 4% increase in global comparable store sales and a 6% rise in consolidated net revenues to $9.9 billion. GAAP EPS was $0.26, down 62% year-over-year, while non-GAAP EPS was $0.56, a 19% decline. The company opened 128 new stores, ending the quarter with 41,118 locations. The North America segment saw a 3% revenue increase, while the International segment's revenues rose by 10%. The company is optimistic about its 'Back to Starbucks' strategy, aiming for sustainable earnings growth.

Venu Holding shares are trading lower after the company announced a $75 million public offering. The company reported preliminary Q4 financial results.

BUZZ-U.S. STOCKS ON THE MOVE-Archer-Daniels-Midland, Danaher, Brinker International

The S&P 500 is set to open near 7,000, driven by gains in chip stocks and anticipation of a Federal Reserve rate decision. Notable stock movements include Archer-Daniels-Midland gaining after a $40 million SEC settlement, Danaher Corp's shares falling despite a profit forecast in line with estimates, and Brinker International climbing after raising its FY26 revenue and profit forecast. Other significant movements include Texas Instruments and Seagate Technology rising on positive forecasts, while U.S. drugmakers slipped due to a new Medicare price list.

Brinker International shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 guidance.