# Shares of Starbucks rallied on Tuesday after the coffee giant topped Wall Street estimates.

*business · news · 2026-04-28 · CNBC*

## Key points

- Starbucks achieved its first top and bottom line growth quarter in over two years.
- Global comparable store sales, or comps, rose 6.2%, beating FactSet expectations of 4%.
- A new Starbucks app feature will let customers schedule order pickup times starting next month.
- Starbucks formed a China joint venture with Boyu Capital, reducing risk in its China operations.
- Management raised 2026 global and U.S. comp sales growth outlook to at least 5% from 3%.

**Companies:** Starbucks
**Countries:** United States, China

[Read the full story on CNBC](https://www.cnbc.com/2026/04/28/were-raising-our-price-target-on-starbucks-after-its-robust-quarter.html)

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