| Consolidated Revenue Mix by Product Type |
Consolidated revenue mix by product type (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | | Three Quarters Ended | | Jun 28, 2026 | | Jun 29, 2025 | | Jun 28, 2026 | | Jun 29, 2025 | Beverage (1) | $ | 5,444.0 | | | 58 | % | | $ | 5,752.0 | | | 61 | % | | $ | 17,047.5 | | | 59 | % | | $ | 16,723.8 | | | 61 | % | Food (2) | 1,863.3 | | | 20 | % | | 1,787.5 | | | 19 | % | | 5,575.6 | | | 19 | % | | 5,269.9 | | | 19 | % | Other (3) | 2,015.4 | | | 22 | % | | 1,916.5 | | | 20 | % | | 6,146.3 | | | 22 | % | | 5,621.7 | | | 20 | % | | Total | $ | 9,322.7 | | | 100 | % | | $ | 9,456.0 | | | 100 | % | | $ | 28,769.3 | | | 100 | % | | $ | 27,615.4 | | | 100 | % |
(1)“Beverage” represents sales within our company-operated stores. (2)“Food” represents sales within our company-operated stores. (3)“Other” primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients, serveware, and ready to drink beverages, among other items.
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| Information by Geographic Area |
Information by geographic area (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | | Three Quarters Ended | | Jun 28, 2026 | | Jun 29, 2025 | | Jun 28, 2026 | | Jun 29, 2025 | Net revenues (1): | | | | | | | | | United States | $ | 7,381.5 | | | $ | 6,860.1 | | | $ | 21,555.8 | | | $ | 20,244.9 | | China | 68.7 | | | 807.2 | | | 1,713.5 | | | 2,316.1 | | | Other countries | 1,872.5 | | | 1,788.7 | | | 5,500.0 | | | 5,054.4 | | | Total | $ | 9,322.7 | | | $ | 9,456.0 | | | $ | 28,769.3 | | | $ | 27,615.4 | | | | | | | | | | | | | | Jun 28, 2026 | | Sep 28, 2025 | | Long-lived assets: | | | | | | | | | United States | | | | | $ | 15,348.1 | | | $ | 15,952.7 | | China (2) | | | | | 172.6 | | | 4,276.8 | | | Other countries | | | | | 5,239.8 | | | 4,407.9 | | | Total | | | | | $ | 20,760.5 | | | $ | 24,637.4 | |
(1) Includes Channel Development segment and other net revenues. (2) The fiscal year 2026 balance excludes Starbucks retail operations in China that were divested during the third quarter of fiscal 2026.
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| Financial Information For Reportable Operating Segments And Corporate and Other |
The financial information below is presented for our reportable operating segments and Corporate and Other (in millions):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | North America | | International | | | | Channel Development | | Corporate and Other | |
Total | June 28, 2026 | | | | | | | | | | | | | Total net revenues | $ | 7,395.1 | | | $ | 1,322.6 | | | | | $ | 587.9 | | | $ | 17.1 | | | $ | 9,322.7 | | | Product and distribution costs | 1,971.9 | | | 513.4 | | | | | 320.9 | | | 22.4 | | | 2,828.6 | | Store operating expenses | 3,789.3 | | | 408.1 | | | | | — | | | — | | | 4,197.4 | | | Other operating expenses | 56.5 | | | 57.8 | | | | | 16.0 | | | 1.6 | | | 131.9 | | | Depreciation and amortization expenses | 298.3 | | | 33.1 | | | | | — | | | 30.2 | | | 361.6 | | | General and administrative expenses | 95.9 | | | 39.1 | | | | | 0.8 | | | 463.0 | | | 598.8 | | | Restructuring and impairments | 174.3 | | | 41.1 | | | | | (0.2) | | | 87.4 | | | 302.6 | | Total operating expenses | 6,386.2 | | | 1,092.6 | | | | | 337.5 | | | 604.6 | | | 8,420.9 | | | Income from equity method investees | — | | | 22.8 | | | | | 55.8 | | | — | | | 78.6 | | | Operating income/(loss) | $ | 1,008.9 | | | $ | 252.8 | | | | | $ | 306.2 | | | $ | (587.5) | | | $ | 980.4 | | | Net gain resulting from divestiture of certain operations | | | | | | | | | | | 536.3 | | | Interest income and other, net | | | | | | | | | | | 37.2 | | | Interest expense | | | | | | | | | | | (134.6) | | | Earnings before income taxes | | | | | | | | | | | $ | 1,419.3 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | North America | | International | | | | Channel Development | | Corporate and Other | |
Total | June 29, 2025 | | | | | | | | | | | | | Total net revenues | $ | 6,927.0 | | | $ | 2,010.7 | | | | | $ | 483.8 | | | $ | 34.5 | | | $ | 9,456.0 | | | Product and distribution costs | 1,909.6 | | | 701.7 | | | | | 306.8 | | | 37.4 | | | 2,955.5 | | | Store operating expenses | 3,552.4 | | | 792.4 | | | | | — | | | — | | | 4,344.8 | | | Other operating expenses | 69.7 | | | 66.2 | | | | | 15.1 | | | 0.6 | | | 151.6 | | | Depreciation and amortization expenses | 303.5 | | | 91.4 | | | | | — | | | 32.7 | | | 427.6 | | | General and administrative expenses | 170.0 | | | 81.9 | | | | | 1.7 | | | 423.6 | | | 677.2 | | Restructuring and impairments | 3.1 | | | 3.1 | | | | | 0.2 | | | 14.4 | | | 20.8 | | Total operating expenses | 6,008.3 | | | 1,736.7 | | | | | 323.8 | | | 508.7 | | | 8,577.5 | | | Income from equity method investees | — | | | (1.3) | | | | | 58.4 | | | — | | | 57.1 | | | Operating income/(loss) | $ | 918.7 | | | $ | 272.7 | | | | | $ | 218.4 | | | $ | (474.2) | | | $ | 935.6 | | | Interest income and other, net | | | | | | | | | | | 25.6 | | | Interest expense | | | | | | | | | | | (142.3) | | | Earnings before income taxes | | | | | | | | | | | $ | 818.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Quarters Ended | North America | | International | | | | Channel Development | | Corporate and Other | |
Total | June 28, 2026 | | | | | | | | | | | | | Total net revenues | $ | 21,569.4 | | | $ | 5,438.6 | | | | | $ | 1,678.4 | | | $ | 82.9 | | | $ | 28,769.3 | | | Product and distribution costs | 6,176.2 | | | 2,011.3 | | | | | 1,043.9 | | | 79.3 | | | 9,310.7 | | Store operating expenses | 11,266.3 | | | 1,892.0 | | | | | — | | | — | | | 13,158.3 | | | Other operating expenses | 172.4 | | | 170.0 | | | | | 47.5 | | | 3.7 | | | 393.6 | | | Depreciation and amortization expenses | 896.6 | | | 135.8 | | | | | — | | | 93.4 | | | 1,125.8 | | | General and administrative expenses | 282.5 | | | 224.1 | | | | | 2.8 | | | 1,346.3 | | | 1,855.7 | | | Restructuring and impairments | 219.6 | | | 93.4 | | | | | — | | | 102.8 | | | 415.8 | | Total operating expenses | 19,013.6 | | | 4,526.6 | | | | | 1,094.2 | | | 1,625.5 | | | 26,259.9 | | | Income from equity method investees | — | | | 22.2 | | | | | 167.7 | | | — | | | 189.9 | | | Operating income/(loss) | $ | 2,555.8 | | | $ | 934.2 | | | | | $ | 751.9 | | | $ | (1,542.6) | | | $ | 2,699.3 | | | Net gain resulting from divestiture of certain operations | | | | | | | | | | | 536.3 | | | Interest income and other, net | | | | | | | | | | | 87.3 | | | Interest expense | | | | | | | | | | | (410.6) | | | Earnings before income taxes | | | | | | | | | | | $ | 2,912.3 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Quarters Ended | North America | | International | | | | Channel Development | | Corporate and Other | |
Total | June 29, 2025 | | | | | | | | | | | | | Total net revenues | $ | 20,471.7 | | | $ | 5,749.1 | | | | | $ | 1,329.0 | | | $ | 65.6 | | | $ | 27,615.4 | | | Product and distribution costs | 5,684.3 | | | 2,008.4 | | | | | 824.4 | | | 69.7 | | | 8,586.8 | | | Store operating expenses | 10,442.5 | | | 2,281.4 | | | | | — | | | — | | | 12,723.9 | | | Other operating expenses | 216.6 | | | 181.8 | | | | | 43.7 | | | 0.7 | | | 442.8 | | | Depreciation and amortization expenses | 891.6 | | | 269.5 | | | | | — | | | 92.9 | | | 1,254.0 | | | General and administrative expenses | 363.9 | | | 259.1 | | | | | 4.8 | | | 1,347.4 | | | 1,975.2 | | Restructuring and impairments | 24.5 | | | 19.9 | | | | | 1.1 | | | 91.5 | | | 137.0 | | Total operating expenses | 17,623.4 | | | 5,020.1 | | | | | 874.0 | | | 1,602.2 | | | 25,119.7 | | | Income from equity method investees | — | | | (2.1) | | | | | 164.8 | | | — | | | 162.7 | | | Operating income/(loss) | $ | 2,848.3 | | | $ | 726.9 | | | | | $ | 619.8 | | | $ | (1,536.6) | | | $ | 2,658.4 | | | Interest income and other, net | | | | | | | | | | | $ | 81.8 | | | Interest expense | | | | | | | | | | | (396.8) | | | Earnings before income taxes | | | | | | | | | | | $ | 2,343.4 | |
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