MAAT INDEX

CLAIM #53323 · Starbucks Corporation (SBUX) · 2026Q1 earnings call · Jan 28, 2026 · due Jan 28, 2028

I think it's gonna unfold over the next two years in front of us.

Brian Niccol · CEO

PENDING
graded after results covering Jan 28, 2028 are reported

How to check this claim

Look at: Cumulative cost savings realized from the identified ~$2 billion cost reduction plan, as disclosed by the company

It came true if: Cumulative disclosed cost savings >= $1.5 billion by end of the two-year period

Where: Company management commentary / investor materials on cost savings progress (earnings calls, investor day updates)

In context

ward. So I'm really delighted by where we are in this phase of the turnaround. David E. Tarantino: Great. Thank you. Operator: Thank you. Our next question comes from the line of Brian James Harbour with Morgan Stanley. Please proceed with your question. Brian James Harbour: Yes, thanks. Good morning, guys. I think sort of inherent in what you talked about was some additional cost opportunities, and it sounded like that's this year, but also over the next couple. Could you elaborate on some of those will be and what you expect the timing to be? Brian R. Niccol: Yeah. So I'm sure you guys probably saw this in some of our materials that have been released of late. We've got a clear plan in place to basically track down about $2 billion of cost. You know, we really started that work in 2025. I think it's gonna unfold over the next two years in front of us. And so, you know, it really is across the entire P&L. You know? So, obviously, we've made some progress on G&A. We're gonna continue to make progress in procurement efforts. We think there's tremendous opportunity with using technology to drive efficiency in the work that we're doing. And the thing that I love is this is really to Kathy's credit and the team, is it's not just one project that we're counting on. Okay? We've got a list of projects with people's names next to it, clear deliverables, and the thing I love about the power of our organization is when one idea doesn't work, we get another idea that's up. And so that's what gives us confidence to be able to deliver on the cost side of things while we continue to drive the top line. So it's gonna be an ongoing program. We've identi

Verify independently

SEC filings for SBUX · Claim quote is verbatim from the 2026Q1 earnings call.