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Fiscal 2026

All articles tagged with #fiscal 2026

Starbucks to Shut 250 North American Cafes Amid $300M Restructuring
business19 days ago

Starbucks to Shut 250 North American Cafes Amid $300M Restructuring

Starbucks is closing approximately 250 underperforming locations in North America, representing about 1% of its regional portfolio. This move, announced by CEO Brian Niccol, is part of a broader turnaround strategy focused on improving customer experience and financial performance. The company expects to incur $300 million in restructuring charges, primarily from lease exits and employee separation benefits. While net new openings in North America are reduced, international markets will drive expansion, with 440 new cafes projected for fiscal 2026.

via CNBC|
#brian-niccol#business#corporate-restructuring
Accenture slides after trimming 2026 revenue outlook
business3 months ago

Accenture slides after trimming 2026 revenue outlook

Accenture shares fell almost 15% after lowering its fiscal 2026 revenue growth outlook to 3-4% in local currency (4-5% excluding roughly a 1% impact from its US federal business), even as the company posted a Q3 beat with adjusted EPS of $3.80 on $18.7 billion in revenue. Bookings were $19.3 billion; operating margin rose to 17.0%; free cash flow was $3.6 billion, with $2.2 billion returned to shareholders via buybacks and dividends. Management pointed to strong demand for large-scale reinvention projects and AI transformation, including 104 bookings of $100 million or more year-to-date, up 13%.

via Yahoo Finance|
#accenture#acn#business
Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed
business4 months ago

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed

The Home Depot reported Q1 FY2026 sales of $41.8 billion (up 4.8% YoY) with 0.6% comparable sales growth; net earnings were $3.29 billion and adjusted EPS $3.43. It reaffirmed fiscal 2026 guidance: about 2.5%–4.5% sales growth, comparable sales roughly flat to +2%, gross margin ~33.1%, operating margin 12.4%–12.6%, and adjusted EPS up about flat to 4% from 2025, with capex ~2.5% of sales and ~15 new stores. The results reflect steady demand amid housing affordability pressures, as the company continues to operate ~2,361 stores and over 1,280 SRS locations with roughly 470,000 associates.

via The Home Depot|
#business#earnings#fiscal-2026
business5 months ago

Starbucks Q2 FY2026: Revenue Climbs, Global comps Rise, and Guidance Is Raised

Starbucks reported Q2 FY2026 results with global comparable store sales up 6.2% (NA +7.1%, US +7.1%, International +2.6%, China +0.5%), and net revenues up 9% to $9.53 billion. GAAP EPS was $0.45 and non-GAAP EPS $0.50. Operating margins expanded, and the company raised its fiscal 2026 guidance to at least 5% comp growth, roughly flat consolidated net revenues, non-GAAP EPS of $2.25–$2.45, and about 600–650 net new stores globally. Highlights include Back to Starbucks progress, a China joint venture with Boyu Capital (Starbucks 40%, Boyu 60%; impact reported in Q3), a refreshed loyalty program launch, and a quarterly dividend of $0.62 per share. Starbucks also noted store count at 41,129 with ongoing investments and strategic actions in 2026.

via Starbucks Investor Relations|
#business#comparable-store-sales#earnings
Japan Proposes Record $60 Billion Defense Budget Focused on China Countermeasures
defense1 year ago

Japan Proposes Record $60 Billion Defense Budget Focused on China Countermeasures

Japan has requested a record defense budget of $60.2 billion for fiscal year 2026, focusing on enhancing its maritime and missile defense capabilities, including the establishment of a multi-layered coastal defense system called 'SHIELD,' construction of new frigates and submarines, modifications to aircraft carriers for F-35B operations, and joint development of hypersonic missile defense systems with the U.S.

via navalnews.com|
#defense#defense-budget#fiscal-2026