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Starbucks reported Q4 adjusted earnings of 80 cents, beating estimates, but revenue fell 4% to $9.14 billion due to the China joint venture transition. Global same-store sales rose 7.2%, driven by strong U.S. performance, while international sales lagged. CEO Brian Niccol framed the 'Back to Starbucks' strategy as a growth plan, not just a turnaround, and outlined AI-driven tech upgrades for 2027.
Starbucks reported Q4 fiscal 2026 results showing a 7.2% rise in global comparable sales, driven by strong US performance, while international sales lagged. Revenue fell 4% to $9.1 billion due to the China joint venture transition. The company posted a 54% increase in non-GAAP EPS to $0.80 and raised its dividend.
Starbucks reported strong third-quarter fiscal 2026 results, exceeding analyst estimates for both revenue and earnings per share. The company raised its full-year guidance, citing momentum in its 'third place' strategy. Shares jumped over 7% in extended trading.
Starbucks reported Q3 FY2026 results with 7.9% global comparable store sales growth, beating expectations. Revenue dipped 1% to $9.3 billion due to the China joint venture transition, but margins expanded. The company raised full-year guidance, with CEO Brian Niccol citing the 'Back to Starbucks' plan's success.
Starbucks exceeded third-quarter fiscal 2026 expectations with adjusted earnings per share of 85 cents and revenue of $9.32 billion, prompting a significant upward revision to its full-year guidance. The company reported same-store sales growth of 7.9%, marking its fourth consecutive quarter of positive momentum under CEO Brian Niccol. While total net sales dipped 1% due to the divestiture of its China operations, the company raised its full-year adjusted EPS forecast to $2.55–$2.65 and projected global same-store sales growth of nearly 6%. Shares rose more than 7% in extended trading following the release.