Will Starbucks say “Protein”?

Starbucks did not say “Protein” on its Jul 29, 2026 call (FY26 Q3); it said it on 4 of its last 8 calls: 0, 0, 0, 8, 14, 10, 3, 0 times. As of Oct 24, 2026, Starbucks said “Protein” on 3 of 4 calls with a settled Kalshi or Polymarket mention market since Oct 29, 2025 (75%), most recently on Apr 28, 2026. Parrot’s p for the next listing is 78% (n=4, from settlement history blended with transcripts), not a forecast.

78%from settlement history blended with transcripts · n=4Next: Earnings call, Oct 29, 2026 · counts: company speakers + operator
Last 10
3/4Last 10 settled, oldest to newest: yes yes yes no
Streak
not said last time
Counts
company speakers + operator
Market
56¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

Starbucks

Protein

Probability
78% · n=4
Settled
3/4 (75%)
Last calls
said in 4 of 8

Next listing counts: company speakers + operator

FY26 Q3 earnings call, Jul 29, 2026 · not said

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FY26 Q2 earnings call, Apr 28, 2026 · said 3 times (counts)

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Counts: company speakers + operator

3 counted (3 in prepared remarks, 0 in Q&A).

Cathy R. SmithcompanypreparedIn transcript

…our U.S. company-operated business. Innovation across new flavors and the introduction of protein have further strengthened the appeal of cold foam, especially among Gen Z.

Cathy R. SmithcompanypreparedIn transcript

…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…

Every match in the transcript

FY26 Q1 earnings call, Jan 28, 2026 · said 10 times (counts)

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Counts: company speakers + operator

10 counted (0 in prepared remarks, 10 in Q&A); 1 by speakers the rule does not count.

Brian R. NiccolcompanyqaIn transcript

…drink. You sometimes want a sparkling drink. Okay? And you sometimes want protein. And what you're gonna see us do, and this is why I'm…

Brian R. NiccolcompanyqaIn transcript

…after are, like, a health and wellness platform, which we started with protein. You'll continue to see us push against the health and wellness platform…

Every match in the transcript

FY25 Q4 earnings call, Oct 29, 2025 · said 14 times (counts)

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Counts: company speakers + operator

14 counted (3 in prepared remarks, 11 in Q&A); 2 by speakers the rule does not count.

Brian NiccolcompanypreparedIn transcript

…the U.S. On the heels of a successful fall launch, we introduced Protein Cold Foam and Protein Lattes at the end of September. They taste…

Every match in the transcript

FY25 Q3 earnings call, Jul 29, 2025 · said 8 times (counts)

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FY25 Q2 earnings call, Apr 29, 2025 · not said

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FY25 Q1 earnings call, Jan 28, 2025 · not said

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FY24 Q4 earnings call, Oct 30, 2024 · not said

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Every settled listing

newest first · 5 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Jul 29, 2026ProteinKalshiNo0
Apr 28, 2026ProteinKalshiYes3
Jan 28, 2026ProteinKalshiYes10
Oct 29, 2025ProteinPolymarketYes16
Oct 29, 2025ProteinKalshiYes14

Questions

How many times did Starbucks say “Protein” on its last earnings call?
Starbucks did not say “Protein” on its Jul 29, 2026 call (FY26 Q3); it said it on 4 of its last 8 calls: 0, 0, 0, 8, 14, 10, 3, 0 times.
How often does Starbucks say “Protein”?
As of Oct 24, 2026, Starbucks said “Protein” on 3 of 4 calls with a settled Kalshi or Polymarket mention market since Oct 29, 2025 (75%), most recently on Apr 28, 2026.
What is the probability Starbucks says “Protein” next time?
78%, from settlement history blended with transcripts (n=4). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Starbucks: ‘Protein’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/SBUX/words/protein (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=starbucks&word=protein · quotes: /api/v1/quotes?entity=starbucks&word=… · columnar JSON in #parrot-data · llms.txt · MCP