Overview
- Starbucks, which reported results Tuesday after the bell, beat forecasts with $9.5 billion in revenue and adjusted EPS of $0.50, marking its first year-over-year earnings growth since 2023.
- Global same-store sales rose 6.2% and U.S. comps climbed about 7.1% on roughly 4% more transactions, showing a broad return of traffic rather than price-driven gains.
- Management raised its fiscal 2026 outlook to about 5% or more comparable sales growth and adjusted EPS of $2.25 to $2.45.
- Investors pushed the shares up roughly 6% to 8% in after-hours and premarket trading following the stronger results and higher guidance.
- The ‘Back to Starbucks’ plan—faster service, simpler menus, and more staffing—drove the rebound, though North America operating margin was 9.9% versus 11.6% a year ago due to labor and coffee costs.