Starbucks reported a 5.5% increase in quarterly revenue to $9.92 billion and delivered positive same-store sales for the first time in two years, powered by a 4% rise in U.S. comparable sales and broad gains across Europe and China. Global customer traffic climbed for the first time since Q1 2022, reflecting early wins from the ‘Back to Starbucks’ service-led turnaround plan. Management reaffirmed full-year EPS guidance of $2.15–$2.40 and outlined targets of over 5% annual sales growth and operating margins of 13.5%–15% by fiscal 2028.

Terra Alpha Investments LLC increased its Starbucks position by 17.9% in Q3, purchasing 6,406 additional shares to bring its total to 42,273 shares, representing 3.6% of the fund’s portfolio and ranking Starbucks as its 12th largest holding with a reported value of $3.576 million. Other institutional moves included Cooper Haims Advisors raising its stake by 3.0% to 3,749 shares, Diligent Investors adding 117 shares to reach 6,132 shares, and Silver Oak Securities boosting its position by 2.4% to 5,288 shares. Institutional ownership stands at 72.29%.

Director Jørgen Vig Knudstorp acquired 11,700 shares at an average cost of $85.00 per share on November 10, increasing his holding by 28.26% to 53,096 shares valued at approximately $4.51 million. Insider ownership remains at 0.09%, and this significant purchase underscores executive confidence in Starbucks’ ability to translate top-line momentum into margin expansion and long-term shareholder value.