Starbucks Corporation
Starbucks Reports Q3 FY26 Results and Raises Guidance
Summary
Starbucks Corporation reported its Q3 fiscal year 2026 financial results, showing global comparable store sales up 7.9%, net revenues down 1% to $9.3 billion, and GAAP EPS of $0.91. The company also raised its fiscal year 2026 guidance, anticipating full-year U.S. comparable store sales growth of slightly greater than 6.0% and global comparable store sales growth nearing 6.0%.
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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.
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