Will Starbucks say “Tariff”?
Starbucks said “Tariff” 6 times on its Jul 29, 2026 call (FY26 Q3), and on 6 of its last 8 calls: 0, 0, 5, 3, 2, 4, 5, 6 times. As of Oct 23, 2026, Starbucks said “Tariff” on 3 of 3 calls with a settled Kalshi mention market since Jan 28, 2026 (100%), most recently on Jul 29, 2026. Parrot’s p for the next listing is 87% (n=3, from settlement history blended with transcripts), not a forecast.
- Last 10
- 3/3Last 10 settled, oldest to newest: yes yes yes
- Streak
- said the last 3 times
- Counts
- company speakers + operator
- Market
- 88¢ Kalshi (may be delayed)
Where it was said
quotes of at most 25 words; select an appearance
Starbucks
Tariff
- Probability
- 87% · n=3
- Settled
- 3/3 (100%)
- Last calls
- said in 6 of 8
Next listing counts: company speakers + operator
Counts: company speakers + operator
6 counted (4 in prepared remarks, 2 in Q&A); 1 by speakers the rule does not count.
…our cost savings efforts, as well as lower inflation paired with reciprocal tariff refunds. The refunds we received in Q3 largely offset related tariffs incurred…
…and North America operating margins expanded year-over-year, even without the impact of tariff refunds, underscoring the strengthening fundamentals of our operating model. In North America,…
Counts: company speakers + operator
5 counted (3 in prepared remarks, 2 in Q&A).
…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…
…as other headwinds. Second, as I mentioned earlier, we expect COGS and tariff pressures to start easing as we move into the back half of…
Counts: company speakers + operator
4 counted (2 in prepared remarks, 2 in Q&A).
…was also driven by our product and distribution cost inflation, led by tariffs and elevated coffee pricing. As our fiscal year progresses, we are expecting…
Every settled listing
newest first · 3 shown
KalshiQuestions
- How many times did Starbucks say “Tariff” on its last earnings call?
- Starbucks said “Tariff” 6 times on its Jul 29, 2026 call (FY26 Q3), and on 6 of its last 8 calls: 0, 0, 5, 3, 2, 4, 5, 6 times.
- How often does Starbucks say “Tariff”?
- As of Oct 23, 2026, Starbucks said “Tariff” on 3 of 3 calls with a settled Kalshi mention market since Jan 28, 2026 (100%), most recently on Jul 29, 2026.
- What is the probability Starbucks says “Tariff” next time?
- 87%, from settlement history blended with transcripts (n=3). 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: ‘Tariff’ mention history”, as of Oct 23, 2026, https://parrot.markets/earnings/SBUX/words/tariff (CC BY 4.0)
Agents: this page as TSV at /api/v1/word?entity=starbucks&word=tariff · quotes: /api/v1/quotes?entity=starbucks&word=… · columnar JSON in #parrot-data · llms.txt · MCP