In its latest quarterly report, Starbucks Corporation delivered a 5.5% year-over-year rise in revenue to $9.92 billion, driven by its first uptick in global customer traffic since early 2022. U.S. same-store sales climbed 4.0%, marking the end of an eight-quarter slump, while international comparable sales also advanced, led by strong growth in China and the Americas. Management highlighted that digital orders now represent over 25% of all transactions, and average weekly transactions in the company’s loyalty program surged by 12%, underscoring the success of its digital engagement initiatives. Looking ahead, Starbucks is targeting operating margin expansion through optimized labor scheduling and menu simplification, with guidance for full-year earnings per share of $2.15–$2.40.

Terra Alpha Investments LLC expanded its position in Starbucks during the third quarter, increasing holdings by 17.9% to 42,273 shares, worth approximately $3.58 million, making Starbucks its 12th largest portfolio holding at 3.6% weight. Other institutional investors also adjusted positions: Cooper Haims Advisors LLC added 3.0% to reach 3,749 shares; Diligent Investors LLC upped its stake by 1.9% to 6,132 shares; Silver Oak Securities Incorporated increased holdings by 2.4% to 5,288 shares; and Pioneer Trust Bank N A OR grew its position by 1.1% to 11,437 shares. Meanwhile, Starbucks director Jorgen Vig Knudstorp acquired 11,700 shares at an average cost of $85.00 per share for a total of $994,500, boosting his personal stake by 28.3% to 53,096 shares. Institutional ownership stands at 72.3%, with insiders holding 0.09%.