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    Home»Top Countries»United States»Starbucks reports strong quarterly sales and raises annual outlook
    United States

    Starbucks reports strong quarterly sales and raises annual outlook

    News DeskBy News DeskJuly 29, 2026No Comments7 Mins Read
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    ‘
    );
    }

    function setButtonState(button, state) {
    const hint = button.parentElement && button.parentElement.querySelector(‘[data-author-follow-hint]’);
    const followLabel = button.dataset.followLabel || ‘Follow’;
    const followingLabel = button.dataset.followingLabel || ‘Following’;
    const signinLabel = button.dataset.signinLabel || ‘Sign in to follow’;
    const loadingLabel = button.dataset.loadingLabel || ‘Saving…’;
    const pendingAuthLabel = button.dataset.pendingAuthLabel || ‘Loading…’;
    button.classList.remove(‘is-following’, ‘is-loading’, ‘is-auth-required’);

    if (state === ‘loading’) {
    button.classList.add(‘is-loading’);
    button.disabled = true;
    button.textContent = loadingLabel;
    if (hint) {
    hint.textContent=”Updating your followed authors…”;
    }
    return;
    }

    if (state === ‘pending-auth’) {
    button.classList.add(‘is-loading’);
    button.disabled = true;
    button.textContent = pendingAuthLabel;
    if (hint) {
    hint.textContent=”Checking your sign-in status…”;
    }
    return;
    }

    button.disabled = false;

    if (state === ‘following’) {
    button.classList.add(‘is-following’);
    button.textContent = followingLabel;
    if (hint) {
    hint.textContent = followingLabel === ‘Unfollow’
    ? ‘Remove this writer from your followed list.’
    : ‘Click again to unfollow.’;
    }
    return;
    }

    if (state === ‘signin’) {
    button.classList.add(‘is-auth-required’);
    button.textContent = signinLabel;
    if (hint) {
    hint.textContent=”Sign in to follow writers and manage your list.”;
    }
    return;
    }

    button.textContent = followLabel;
    if (hint) {
    hint.textContent=”Click to follow.”;
    }
    }

    function renderWidgets(scope) {
    const root = scope || document;
    root.querySelectorAll(‘[data-author-follow-widget]’).forEach(function (widget) {
    const button = widget.querySelector(‘[data-author-follow-button]’);
    if (!button) {
    return;
    }

    const staffId = widget.dataset.staffId;
    const hasToken = !!getBearerToken();

    if (!isPianoIdentityReady() && !hasToken) {
    setButtonState(button, ‘pending-auth’);
    return;
    }

    if (!hasToken) {
    setButtonState(button, ‘signin’);
    return;
    }

    if (followedAuthorsMap.has(String(staffId))) {
    setButtonState(button, ‘following’);
    } else {
    setButtonState(button, ‘follow’);
    }
    });
    }

    function renderManageList(container) {
    if (!container) {
    return;
    }

    const hasToken = !!getBearerToken();

    if (!isPianoIdentityReady() && !hasToken) {
    container.innerHTML = (
    ‘

    Checking your account status…

    ‘
    );
    return;
    }

    if (!hasToken) {
    container.innerHTML = (
    ‘

    Sign in to load the authors you follow. ‘ +
    ‘Sign in

    ‘
    );
    return;
    }

    const followedAuthors = Array.from(followedAuthorsMap.values());
    if (!followedAuthors.length) {
    container.innerHTML = (
    ‘

    You are not following any authors yet. ‘ +
    ‘Use the follow buttons on stories or staff pages to build your list.

    ‘
    );
    return;
    }

    container.innerHTML = followedAuthors
    .map(function (author) {
    return (
    ‘

    ‘ +
    ” +
    ‘

    ‘ +
    ‘‘ +
    ‘Remove this writer from your followed list.‘ +
    ‘

    ‘ +
    ‘

    ‘
    );
    })
    .join(”);

    bindEvents(container);
    renderWidgets(container);
    }

    async function refresh(scope, options) {
    const forceFetch = !!(options && options.force);

    if (!hasFollowWidgets(scope)) {
    return;
    }

    // Wipe the cached map BEFORE the first render so a user-switch can’t
    // momentarily display the previous user’s “Following” state.
    discardCacheIfTokenChanged();

    renderWidgets(scope);

    const manageContainer = document.querySelector(‘[data-author-follow-manage-list]’);
    const managePreferencesContainer = document.querySelector(‘[data-author-follow-manage-preferences]’);
    const hasToken = !!getBearerToken();

    if (!isPianoIdentityReady() && !hasToken) {
    renderWidgets(scope);
    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
    return;
    }

    if (!hasToken) {
    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
    return;
    }

    try {
    await loadFollowedAuthors(forceFetch);
    renderWidgets(scope);
    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
    } catch (error) {
    console.warn(‘Unable to load followed authors.’, error);
    if (error && error.code === ‘AUTH_REQUIRED’) {
    renderWidgets(scope);
    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
    }
    }
    }

    function startLoginPoll() {
    if (loginPoll) {
    clearInterval(loginPoll);
    }

    let attempts = 0;
    loginPoll = setInterval(function () {
    attempts += 1;
    if (getBearerToken() || isLoggedIn() || attempts > 25) {
    clearInterval(loginPoll);
    loginPoll = null;
    refresh(document, { force: true });
    }
    }, 1000);
    }

    function stopPianoReadyPoll() {
    if (pianoReadyPoll) {
    clearInterval(pianoReadyPoll);
    pianoReadyPoll = null;
    }
    }

    function startPianoReadyPoll() {
    stopPianoReadyPoll();

    let attempts = 0;
    pianoReadyPoll = setInterval(function () {
    attempts += 1;
    if (isPianoIdentityReady() || getBearerToken() || attempts > 40) {
    stopPianoReadyPoll();
    // Non-forced: if bindPianoInitRefresh already fetched, the TTL
    // dedupes this call. If it lost the race, this call wins.
    refresh(document);
    }
    }, 500);
    }

    function bindPianoInitRefresh() {
    if (pianoInitBound) {
    return;
    }

    pianoInitBound = whenPianoReady(function () {
    // The Piano init callback is the canonical “identity is ready” signal;
    // cancel the fallback poll so it can’t issue a redundant second fetch.
    stopPianoReadyPoll();
    refresh(document, { force: true });
    });
    }

    async function handleWidgetClick(widget, button) {
    const staffId = widget.dataset.staffId;

    if (!getBearerToken()) {
    setButtonState(button, isPianoIdentityReady() ? ‘signin’ : ‘pending-auth’);
    if (typeof window.showPianoLogin === ‘function’) {
    window.showPianoLogin();
    startLoginPoll();
    }
    return;
    }

    // If the identity changed since the cache was last filled, drop the stale
    // map before the follow/unfollow decision below — otherwise the click
    // could issue the wrong action against the previous user’s state.
    discardCacheIfTokenChanged();

    setButtonState(button, ‘loading’);

    try {
    if (followedAuthorsMap.has(String(staffId))) {
    await apiRequest(apiBaseUrl + “https://www.washingtontimes.com/” + staffId, { method: ‘DELETE’ });
    followedAuthorsMap.delete(String(staffId));
    removePushlyFollowedAuthorId(staffId);
    } else {
    const author = await apiRequest(apiBaseUrl + “https://www.washingtontimes.com/” + staffId, {
    method: ‘PUT’,
    body: JSON.stringify({
    push_enabled: followDeliveryPreferences.push_enabled,
    email_fallback_enabled: followDeliveryPreferences.email_fallback_enabled,
    }),
    });
    followedAuthorsMap.set(String(staffId), author);
    appendPushlyFollowedAuthorId(staffId);
    }

    saveStoredFollowDeliveryPreferences(
    deriveFollowDeliveryPreferences(Array.from(followedAuthorsMap.values())),
    );
    syncPushlyFollowedAuthorsProfile();
    renderManagePreferences(document.querySelector(‘[data-author-follow-manage-preferences]’));
    renderWidgets(document);
    renderManageList(document.querySelector(‘[data-author-follow-manage-list]’));
    } catch (error) {
    console.warn(‘Unable to update followed author.’, error);
    if (error && error.code === ‘AUTH_REQUIRED’) {
    setButtonState(button, ‘signin’);
    }
    renderWidgets(document);
    }
    }

    function bindEvents(scope) {
    const root = scope || document;
    root.querySelectorAll(‘[data-author-follow-widget]’).forEach(function (widget) {
    if (widget.dataset.followWidgetBound === ‘true’) {
    return;
    }
    widget.dataset.followWidgetBound = ‘true’;

    const button = widget.querySelector(‘[data-author-follow-button]’);
    if (!button) {
    return;
    }

    button.addEventListener(‘click’, function () {
    handleWidgetClick(widget, button);
    });
    });

    root.querySelectorAll(‘[data-author-follow-manage-preferences]’).forEach(function (container) {
    if (container.dataset.followGlobalPreferencesBound === ‘true’) {
    return;
    }
    container.dataset.followGlobalPreferencesBound = ‘true’;

    async function handlePreferenceChange() {
    const pushInput = container.querySelector(‘[data-author-follow-global-pref=”push”]’);
    const emailInput = container.querySelector(‘[data-author-follow-global-pref=”email”]’);
    if (!pushInput || !emailInput) {
    return;
    }

    const previousPreferences = {
    push_enabled: followDeliveryPreferences.push_enabled,
    email_fallback_enabled: followDeliveryPreferences.email_fallback_enabled,
    };
    const payload = {
    push_enabled: !!pushInput.checked,
    email_fallback_enabled: !!emailInput.checked,
    };
    // Drop a stale map if the identity changed before iterating — we
    // don’t want to issue follow updates against the previous user’s
    // authors with the current user’s bearer token.
    discardCacheIfTokenChanged();
    const followedAuthors = Array.from(followedAuthorsMap.values());

    saveStoredFollowDeliveryPreferences(payload);
    managePreferencesPending = true;
    pushInput.disabled = true;
    emailInput.disabled = true;

    try {
    await Promise.all(
    followedAuthors.map(function (author) {
    return updateFollowPreferences(author.id, payload);
    }),
    );
    renderManagePreferences(container);
    renderWidgets(document);
    renderManageList(document.querySelector(‘[data-author-follow-manage-list]’));
    } catch (error) {
    console.warn(‘Unable to update author follow preferences.’, error);
    saveStoredFollowDeliveryPreferences(previousPreferences);
    pushInput.checked = previousPreferences.push_enabled;
    emailInput.checked = previousPreferences.email_fallback_enabled;
    } finally {
    managePreferencesPending = false;
    pushInput.disabled = false;
    emailInput.disabled = false;
    }
    }

    container.addEventListener(‘change’, function (event) {
    const target = event.target;
    if (!target || !target.matches(‘[data-author-follow-global-pref]’)) {
    return;
    }
    handlePreferenceChange();
    });
    });
    }

    function init(scope) {
    const root = scope || document;
    if (!hasFollowWidgets(root)) {
    return;
    }
    bindEvents(root);
    renderWidgets(root);
    bindPianoInitRefresh();
    startPianoReadyPoll();
    refresh(root);
    }

    window.WTAuthorFollow = {
    init: init,
    refresh: refresh,
    };

    document.addEventListener(‘DOMContentLoaded’, function () {
    init(document);
    });

    window.addEventListener(‘focus’, function () {
    if (hasFollowWidgets(document)) {
    refresh(document);
    }
    });
    document.addEventListener(‘visibilitychange’, function () {
    if (!document.hidden && hasFollowWidgets(document)) {
    refresh(document);
    }
    });
    } else {
    window.WTAuthorFollow.init(document);
    }
    })();


    FILE – A Starbucks sign is seen outside the coffee company’s global corporate headquarters, May 11, 2026, in Seattle. (AP Photo/Lindsey Wasson, File)


    FILE – A Starbucks sign is …

    more >

    By Dee-Ann Durbin

    –

    Associated Press
    –

    Wednesday, July 29, 2026


    Starbucks shares soared Wednesday after the coffee giant reported better-than-expected quarterly revenue and profit and raised its financial outlook for the year.

    The Seattle company said global same-store sales in its fiscal third quarter rose 7.9%, which was well above the 5.7% increase Wall Street was expecting, according to analysts polled by FactSet. Same-store sales also were up 7.9% in the U.S. during the April-June period, the company said.

    Starbucks said it now expects global same-store sales to grow 6% for its full fiscal year. The company previously forecast same-store sales to grow 5% for the year. The company also expects full-year earnings per share of $2.55 to $2.65, up from $2.25 to $2.45 previously.

    Starbucks shares were up nearly 8% in after-hours trading Wednesday.

    Starbucks Chairman and CEO Brian Niccol said the results were further proof that the company’s turnaround efforts were working. Over the last year, Starbucks has added employees to stores during rush times and used technology to better sequence in-store and mobile orders.

    It has also encouraged friendlier service and is redesigning stores and adding seating to give them a cozier, coffeehouse feel.

    Revenue fell 1% to $9.3 billion for the quarter, which also beat analysts’ forecast of $9.2 billion. Part of the drop in revenue was due to Starbucks’ sale of a stake in its China business, a transaction that was completed in April.

    Starbucks said its net income rose 87% to $1 billion. Adjusted for one-time items, the company earned 85 cents per share, which surpassed analysts’ forecast of 66 cents.

    Copyright © 2026 The Washington Times, LLC.

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