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Starbucks Reports Q1 Fiscal 2021 Results Q1 Comparable Store Sales of -5 % in the U.S. and 5 % in China , Demonstrating Sustained Recovery Q1 GAAP EPS $ 0.53 ; Non - GAAP EPS $ 0.61 Reflecting Substantial Margin Improvement from Prior Quarter Active Starbucks® Rewards Membership in the U.S. Up 15 % Year - Over - Year to 21.8 Million Fiscal 2021 Outlook Reaffirms Path to Full Recovery Exhibit 99.1 SEATTLE ; January 26 , 2021 - Starbucks Corporation ( NASDAQ : SBUX ) today reported financial results for its 13 week fiscal first quarter ended December 27 , 2020. GAAP results in fiscal 2021 and fiscal 2020 include items that are excluded from non - GAAP results . Please refer to the reconciliation of GAAP measures to non - GAAP measures at the end of this release for more information . " I am very pleased with our start to fiscal 2021 , with meaningful , sequential improvements in quarterly financial results despite ongoing business disruption from the pandemic . Investments in our partners , beverage innovation and digital customer relationships continued to fuel our recovery and position Starbucks for long - term , sustainable growth , " said Kevin Johnson , president and ceo . " Our results demonstrate the continued strength and relevance of our brand , the effectiveness of the actions we've taken to adapt to changes in consumer behavior and the steadfast commitment of our green apron partners to serve our customers and communities . We remain optimistic about our robust operating outlook for fiscal 2021 as well as our ability to unlock the full potential of Starbucks to create value for our stakeholders , " concluded Johnson . 01 Fiscal 2021 Highlights Global comparable store sales declined 5 % , driven by a 19 % decrease in comparable transactions , partially offset by a 17 % increase in average ticket Americas comparable store sales declined 6 % , driven by a 21 % decrease in comparable transactions , partially offset by a 20 % increase in average ticket ; U.S. comparable store sales declined 5 % , driven by a 21 % decrease in comparable transactions , partially offset by a 19 % increase in average ticket International comparable store sales were down 3 % , driven by a 10 % de cline in comparable transactions , partially offset by an 8 % increase in average ticket ; China comparable store sales were up 5 % , driven by a 9 % increase in average ticket , partially offset by a 3 % decline in transactions ; International and China comparable store sales are inclusive of a benefit from value - added tax exemptions of approximately 3 % and 5 % , respectively The company opened 278 net new stores in the first quarter of fiscal 2021 , yielding 4 % year - over - year unit growth , ending the period with 32,938 stores globally , of which 51 % and 49 % were company - operated and licensed , respectively Stores in the U.S. and China comprised 61 % of the company's global portfolio at the end of the first quarter of fiscal 2021 , with 15,340 and 4,863 stores , respectively Consolidated net revenues of $ 6.7 billion declined 5 % from the prior year primarily due to the impact of the COVID - 19 pandemic O Impact included the effects of reduced customer traffic , modified operations , reduced store operating hours and temporary store closures