Starbucks Q4 revenue falls 4.5 pct, net income surges 408.8 pct

NAMPA / Xinhua

2026-10-30

SAN FRANCISCO, Oct. 29 (Xinhua) -- U.S. coffee giant Starbucks reported Thursday that its revenue fell 4.5 percent year on year to 9.14 billion U.S. dollars in the fourth quarter of fiscal 2026, while net income surged 408.8 percent, partly reflecting a sharp decline in restructuring and impairment costs. According to the company's financial results for the 13-week quarter ended Sept. 27, net income attributable to Starbucks rose to 677.2 mill......

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