Starbucks reported its first increase in global customer traffic in two years, driving a 4% rise in comparable store sales during the fiscal first quarter. U.S. same-store sales climbed by 4%, marking the first positive year-over-year growth in eight quarters, while international markets delivered a 5% lift. Revenue for the quarter reached $9.92 billion, up 5.5% from the prior year, as the company benefited from higher transaction counts and a renewed focus on in-store experience enhancements under CEO Brian Niccol’s turnaround plan.

Terra Alpha Investments LLC increased its holdings in Starbucks by 17.9% during the third quarter, purchasing an additional 6,406 shares to reach a total of 42,273 shares. This position now represents approximately 3.6% of the fund’s portfolio, making Starbucks its 12th largest holding. As of the latest SEC filing, the fund’s Starbucks position was valued at $3.58 million, reflecting confidence in the company’s growth trajectory and profitability improvements.

Director Jørgen Vig Knudstorp purchased 11,700 shares on November 10th at an average cost of $85 per share, increasing his personal stake by 28.3% to 53,096 shares. The total transaction value of $994,500 highlights insider conviction in the company’s near-term prospects. Following this acquisition, insiders collectively hold 0.09% of outstanding shares, underscoring alignment between management and long-term shareholder interests.