Starbucks Corporation (NASDAQ:SBUX) Q1 2026 Earnings Call Transcript January 28, 2026Starbucks Corporation misses on earnings expectations. Catherine Park: Good morning, and thank you for joining us today to discuss Starbucks first quarter fiscal year 2026 results. International’s comp growth of 5% was led by transactions, as customers celebrated the holiday season with Starbucks Corporation around the world. In Q1, we classified the assets and liabilities of Starbucks Corporation China’s retail operations as held for sale. But the trial and the repeat rates are really, really great.