All eyes are now on Starbucks' first investor day under Niccol on Thursday with expectations that the CEO could unveil a much-awaited strategic update and long-term targets. Starbucks was still at times falling short of its target to keep service under 4-minute, the CEO said on a post-earnings call on Wednesday. Starbucks estimated fiscal 2026 global same-store sales to grow 3% or higher, compared with estimates of a 2.94% rise. In November, Starbucks sold control of its operations in China to Boyu Capital after years of struggling with weak sales in the region. Sales in the region rose 7% in the quarter, compared with a 2% rise in the preceding three-month period.