Starbucks adds 175 stores as Q3 sales rebound

By Irene Dong July 30, 2026

Text Size

Starbucks has reported stronger customer demand in its third quarter as its turnaround strategy gained traction, with higher comparable sales and continued global store expansion offsetting the impact of accounting changes on its China business.

For the quarter ended June 28, the coffee chain posted revenue of US$9.3 billion, down 1 per cent from a year earlier due to the transition of its China business to a joint venture structure. Excluding the impact of the transaction, the underlying operating performance strengthened, supported by improving customer traffic and spending.

Global comparable-store sales rose 7.9 per cent, driven by transaction growth across North America and international markets as Starbucks continued to invest in faster service, a simplified menu and enhanced in-store operations.

“Our Back to Starbucks plan was built on the belief that an extraordinary cup of coffee, human connection and customer experience win the day, every day. Our third quarter results are proof they do,” commented Brian Niccol, chairman and CEO.

“We have more work to do, but we’re relentlessly focused on reclaiming the ‘third place’ and becoming the world’s greatest customer service company.”

The retailer expanded its global footprint during the quarter, opening 175 net new stores, bringing its total to 41,304 stores. International markets accounted for the majority of new openings, underscoring Starbucks’ long-term growth ambitions outside its home market.

China remains Starbucks’ second-largest market despite the recent restructuring of its business there. The company said the new partnership is designed to strengthen local execution while positioning the brand for sustainable long-term growth in one of its most important international markets.

North America also delivered solid performance, benefiting from strong demand for seasonal beverages and continued engagement through Starbucks Rewards.

In addition, Starbucks raised its full-year fiscal 2026 outlook, forecasting approximately 6 per cent global comparable sales growth and increasing its adjusted earnings guidance as it expects sales momentum and disciplined expansion to continue through the remainder of the year.