Starbucks Corporation
Starbucks Reports Q2 FY26 Results and Raises Fiscal Year Guidance
Summary
Starbucks Corporation reported its financial results for the second quarter of fiscal year 2026, showing a 9% increase in consolidated net revenues to $9.5 billion. GAAP earnings per share (EPS) were $0.45, while non-GAAP EPS was $0.50. The company also raised its fiscal year 2026 guidance for comparable store sales growth and non-GAAP EPS. Starbucks expects global and U.S. comparable store sales growth of 5.0% or greater, consolidated net revenues to be roughly flat year over year, and non-GAAP consolidated operating margin to slightly improve year over year. The company anticipates non-GAAP earnings per share in the range of $2.25 to $2.45 and approximately 600 to 650 net new coffeehouses globally.
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About Starbucks Corporation
Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.
Official SEC Documents
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