“We are seeing first half of this year continued coffee elevation, price elevation year-over-year. It's almost not quite, but I think it's almost $1 a pound year-over-year change. And then the implications of tariffs as they run through our inventory, obviously, both of those we expect to abate toward the back end of the year.”

How to check this claim

Look at: Year-over-year green coffee cost/price elevation and tariff-related cost pressure, as described in management commentary

It came true if: Company commentary on Q3/Q4 FY2026 calls indicates coffee price inflation and tariff cost impact have moderated (abated) versus first-half FY2026 levels

Where: Management commentary on Q3 FY2026 and Q4 FY2026 earnings calls

Verify independently

SEC filings for SBUX ↗ · Claim quote is verbatim from the 2026Q2 earnings call.