Quarterly ResultJul 29, 2026, 04:13 PM
Starbucks Q3 Global Comp Sales +7.9%; Raises FY26 Guidance
AI Summary
Starbucks Corporation reported Q3 fiscal year 2026 financial results, with global comparable store sales increasing 7.9%, driven by transaction growth. Consolidated net revenues decreased 1% to $9.3 billion, primarily due to the Starbucks China transaction. GAAP earnings per share rose 86% to $0.91, and non-GAAP EPS increased 70% to $0.85. The company also raised its fiscal year 2026 guidance for non-GAAP EPS to a range of $2.55 to $2.65.
Key Highlights
- Global comparable store sales rose 7.9% in Q3 FY26.
- Consolidated net revenues decreased 1% to $9.3 billion.
- GAAP EPS was $0.91, an 86% increase year-over-year.
- Non-GAAP EPS was $0.85, a 70% increase year-over-year.
- North America comparable store sales grew 8.1%.
- International comparable store sales increased 5.7%.
- Raised fiscal year 2026 non-GAAP EPS guidance to $2.55-$2.65.
- Declared a quarterly cash dividend of $0.62 per share.
Price Impact
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