Starbucks Lifts Fiscal 2026 EPS Outlook 10% to $2.55-$2.65 on 7.9% Sales Growth
Updated
Updated · The Motley Fool · Jul 28
Starbucks Lifts Fiscal 2026 EPS Outlook 10% to $2.55-$2.65 on 7.9% Sales Growth
3 articles · Updated · The Motley Fool · Jul 28
Summary
$2.55 to $2.65 is Starbucks' new fiscal 2026 adjusted EPS target, up from $2.25 to $2.45 after third-quarter adjusted EPS jumped 70% to $0.85.
7.9% global comparable-sales growth drove the upgrade, with transactions up 4.2% and average ticket up 3.5%, showing demand came more from customer traffic than price increases.
14.4% adjusted operating margin, up 430 basis points, improved faster than sales on leverage, lower inflation and a largely one-time tariff refund.
$9.3 billion in revenue slipped 1% because of Starbucks' China joint-venture conversion, while the chain still ended the quarter with 41,304 stores after 175 net openings.
Shares rose about 5% after hours as Starbucks also lifted its full-year U.S. comparable-sales outlook to slightly above 6%, though the stock still trades near 42 times earnings.