In the third quarter, Starbucks reported revenue of 9.46 billion dollars, surpassing analyst estimates. However, adjusted earnings per share were 50 cents, below expectations of 65 cents. Revenue grew 4% year-over-year, but global store sales declined 2%, with North America down and China up slightly. The company opened 308 new stores and remains cash-rich with 4.17 billion dollars. CEO Brian Niccol stated the turnaround progress is ahead of schedule, with plans for innovative growth in 2026. Shares increased after hours.