“While we have good reason to believe that our U.S. company-operated comps should build through the year, we also know that recoveries are not always linear.”

How to check this claim

Look at: U.S. company-operated comparable store sales growth, quarter over quarter progression through fiscal year 2026

It came true if: Each successive fiscal quarter (Q1 through Q4 FY2026) shows sequentially higher comparable sales growth (or smaller decline) than the prior quarter

Where: Company quarterly earnings releases/10-Q filings, U.S. company-operated comparable store sales figures

Verify independently

SEC filings for SBUX ↗ · Claim quote is verbatim from the 2025Q4 earnings call.