Starbucks Raises Full-Year Guidance as Third-Quarter Earnings Beat Estimates on 7.9% Comp Sales Growth
Starbucks reported a third-quarter adjusted earnings per share of $0.85, beating the $0.65 estimate, with revenue of $9.30 billion surpassing the $9.16 billion forecast. The results were powered by a 7.9% increase in global comparable store sales, driven by a 4.2% rise in transactions and a 3.5% jump in average ticket size.
The top-line growth marked the company’s strongest comp sales pace in three years, offsetting a 1% year-over-year decline in consolidated net revenue on a constant-currency basis. Management raised its full-year global comp sales growth forecast to nearing 6.0% and guided for fourth-quarter U.S. comp sales of at least 6.5%, citing momentum from new products and improved service speeds.
From the sources (11 posts)
@financialjuice$SBUX Starbucks Q3 Earnings Adjusted EPS $0.85, est. $0.65 Revenue $9.30B, est. $9.16B Comparable Sales +7.9%, est. +5.73% U.S. Comparable Sales +7.9%, est. +5.72% International Comparable Sales +5.7%, est. +4.14% Adjusted Operating Margin
@alphasenseinc$SBUX Earnings: - Global comparable store sales increased 7.9%, primarily driven by a 4.2% increase in comparable transactions and a 3.5% increase in average ticket - Consolidated net revenues decreased 1% to $9.3 billion, including on a c
@firstsquawkSTARBUCKS Q3 ADJUSTED EPS $0.85 CRUSHES EST $0.65, REVENUE $9.30B BEATS EST $9.16B; COMPARABLE SALES +7.9% VS EST +5.73%
@firstsquawkSTARBUCKS: US COMPARABLE SALES +7.9% VS EST +5.72%, INTERNATIONAL +5.7% VS EST +4.14%; ADJUSTED OPERATING MARGIN 14.4% TOPS EST 11.9%
@firstsquawkSTARBUCKS SEES Q4 US COMPARABLE SALES UP AT LEAST 6.5% VS EST +4.81%, FY GLOBAL COMPARABLE SALES GROWTH NEARING 6.0%; RAISES FY2026 GUIDANCE
@trendspiderSTARBUCKS $SBUX GOD CANDLE 🔥 Q3 Adj. EPS: $0.85 vs $0.66 est Q3 Sales: $9.323B vs $9.157B est 🟩 +7.66%
@wallstengineSTARBUCKS $SBUX Q3'26 EARNINGS HIGHLIGHTS 🔹 Revenue: $9.3B (Est. $9.16B) 🟢; -1% YoY 🔹 Adj. EPS: $0.85 (Est. $0.66) 🟢; +70% YoY 🔹 Global Comp Sales: +7.9% Raises FY26 Guide: 🔹 Adj EPS: $2.55-$2.65 (Est. $2.40) 🟢 🔹 Global Comp Sales Growth:
@thetranscript_Starbucks CEO: "Our third quarter results reflect the growing durability of our performance across both the top and bottom line" Global comparable store sales: +7.9% $SBUX: +4% AH
@fiscal_aiStarbucks just reported their strongest comp sales growth in 3 years. Average Ticket +4% Transactions +4% Total Comp Sales Growth +8% $SBUX
@businessStarbucks’ quarterly results surpassed market estimates, a sign that efforts to attract diners with speedier service and new products are paying off.
@barchartStarbucks $SBUX getting sent after earnings 📈📈