1 of 1
Story summary
- Starbucks reported 4% global comparable-store sales growth in Q1 2026, driven by a 3% rise in transactions.
- Starbucks' operating margins fell to 9.0%, down 290 basis points.
- At the inaugural Investor Day, CEO Brian Niccol outlined goals including a non-GAAP EPS target by 2028.
- The rewards program will relaunch on March 10 with three tiers.
- Investors remain cautious about rising costs and the need for consistent margin improvement.
