Starbucks (SBUX): FY26 Q2 earnings call, Apr 28, 2026
On its Apr 28, 2026 earnings call (FY26 Q2), Starbucks said 7 of the 16 words Kalshi listed; Parrot’s count agreed with all 16 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
16 words · 7 settled yes · our count agreed on 16 of 16- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| China | Yes | 18 | 18 | ✓ | 93%transcripts from the transcript model | – |
| Tariff | Yes | 5 | 5 | ✓ | 79%n=1+tx from settlement history blended with transcripts | – |
| Protein | Yes | 3 | 3 | ✓ | 89%n=2+tx from settlement history blended with transcripts | – |
| Boyu | Yes | 3 | 3 | ✓ | 37%transcripts from the transcript model | – |
| Smart Queue / SmartQ | Yes | 2 | 2 | ✓ | 70%n=2+tx from settlement history blended with transcripts | – |
| Loyalty | Yes | 2 | 2 | ✓ | 40%n=2+tx from settlement history blended with transcripts | – |
| Comparable Sales | Yes | 1 | 1 | ✓ | 36%n=2+tx from settlement history blended with transcripts | – |
| Holiday | No | 0 | 0 | ✓ | 86%n=2+tx from settlement history blended with transcripts | – |
| Canada | No | 0 | 0 | ✓ | 51%n=2+tx from settlement history blended with transcripts | – |
| Promotion | No | 0 | 0 | ✓ | 48%n=2+tx from settlement history blended with transcripts | – |
| Condiment Bar | No | 0 | 0 | ✓ | 41%n=2+tx from settlement history blended with transcripts | – |
| Non Dairy | No | 0 | 0 | ✓ | 37%n=2+tx from settlement history blended with transcripts | – |
| Peppermint | No | 0 | 0 | ✓ | 24%n=2+tx from settlement history blended with transcripts | – |
| Oatmilk / Oat Milk | No | 0 | 0 | ✓ | 18%n=2+tx from settlement history blended with transcripts | – |
| Recycle / Recyclable | No | 0 | 0 | ✓ | 15%transcripts from the transcript model | – |
| Union | No | 0 | 0 | ✓ | 11%n=2+tx from settlement history blended with transcripts | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
19 matches for “Green Apron”; 5 quoted, at least 25 words apart.
…and sense of community they deliver for our customers. This is Starbucks. Green Apron service is setting the standard for world-class customer service. We're winning…
…focused on continued improvements to staffing, scheduling, technology, and leadership to make Green Apron service work more reliably every day. As a result, in the…
…customer service. Looking ahead, we'll continue to strengthen the supply chain behind Green Apron service. Our focus is on improving costs, availability, flow, and accuracy…
…Our comp performance reflects our strengthening business fundamentals. World-class customer service through Green Apron service, menu innovation that shows up in a welcoming third place,…
…170 basis points to 10.2% as our progress on operating leverage and cost discipline continued to partially offset our annualizing investments in Green Apron service.
Where the listed words were said
…the financial results discussed on today's call reflect the consolidation of Starbucks China as our transaction closed after the second quarter. This conference call is…
…innovation-led product mix, and the remaining balance was inflation, largely related to tariffs and elevated coffee prices. While market dynamics can change, we expect these…
…purchase behavior. At the end of Q2, we also launched coffee and protein ready-to-drink beverages, complementing our growing protein platform in our coffeehouses. Moving to…
…away-from-home coffee choice for Chinese consumers. We also completed our transaction with Boyu after the close of our fiscal quarter, bringing together Starbucks' globally trusted…
…you mentioned, we're kind of continuing to make what I would call Smart Queue, smarter queue going forward based on learning with higher transaction levels.…
…ways that feel authentic and distinctly Starbucks and is helping deepen brand loyalty and fuel fandom. U.S. 90-day active Starbucks Rewards membership reached a record…
Comparable sales increased nearly 3%, our top 10 international markets, including China, all posted positive comps for the first time in 9 quarters. This combination…
Agents: this page as TSV at /api/v1/appearances/starbucks:2026-04-28:earnings_call · words: /api/v1/brief?appearance=starbucks:2026-04-28:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP