Starbucks raises its fiscal 2026 outlook as broader traffic gains, faster service and store upgrades strengthen its turnaround.
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Starbucks Corp (NASDAQ:SBUX, XETRA:SRB) beat Wall Street estimates for fiscal third-quarter revenue and profit as its turnaround plan drove stronger-than-expected US sales growth. Adjusted earnings per share came in at $0.85, above the $0.66 analyst estimate and up 70% year-over-year. Revenue...
On this episode of Stock Movers: - Carvana (CVNA) is sinking after the online car retailer gave an annual adjusted Ebitda forecast with a midpoint below analyst estimates. - Chipotle (CMG) and Starbucks (SBUX) raised their guidance after stronger-than-expected quarters, with sales bolstered by new menu items and revamped loyalty programs. - Crocs (CROX) shares are sinking after a soft outlook for this quarter pointed to a weak second half, pushing some investors to sell following a big rally in the company's shares this year.
Starbucks Delivers Blowout Quarter, Stock Pops on Strong Sales Growth
The coffee chain posted its fourth straight quarter of comparable sales growth and now expects adjusted EPS of $2.55 to $2.65 for fiscal 2026
Starbucks Corp (SBUX) delivered a 7.9% global comparable sales increase and raised its full-year 2026 EPS guidance to $2.55-$2.65, driven by the 'Back to Starbucks' plan and operational improvements.
The upgrade leans more on customer traffic than on price increases. The market repriced the stock immediately.
Chipotle jumped after hours, but is the recovery sustainable?
Starbucks (NASDAQ:SBUX) reported third-quarter fiscal 2026 results that management said reflected continued progress in its “Back to Starbucks” turnaround plan, including a fourth consecutive quarter of positive global comparable-sales growth and a second straight quarter of operating-margin expansi
Abby Roach, Allspring Global Investments Senior Portfolio Analyst, reacts to earnings from Starbucks and Chipotle as the companies focus on the consumer experience in challenging times. She speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'
Shareholders just got a caffeinated jolt from the coffee purveyor.
Starbucks shares jumped in after-hours trading after the company reported third-quarter earnings and revenue that beat expectations and raised its fill-year outlook, suggesting its turnaround is under way. For the fiscal quarter ended June 28, Starbucks reported adjusted earnings of 85 cents a share, well above the 66 cents analysts expected. Revenue fell 1.4% from a year earlier to $9.32 billion—partially due to the conversion of Starbucks’ China operations into a licensed joint venture—but still topped the roughly $9.17 billion consensus estimate.
Starbucks (SBUX) delivered earnings and revenue surprises of +28.79% and -1.22%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.
Investing.com -- Starbucks Corporation (NASDAQ:SBUX) reported third-quarter results that surpassed Wall Street expectations, bolstered by accelerating traffic growth in its core North American market and operational improvements under its strategic turnaround effort. The Seattle-based coffee giant lifted its full-year financial outlook, signaling growing momentum in its core operations despite broader macroeconomic uncertainties. Shares of the company rallied 9% in extended trading following the
Starbucks aims to keep its growth story piping hot when it reports third quarter results as CEO Brian Niccol leads the company into year three of its turnaround plan.
As a group, analysts tracking the coffee giant are expecting a dip in revenue, but an improved earnings per share figure.
Brown & Brown (NYSE:BRO) reported second-quarter revenue of $1.7 billion, up 30.4% from a year earlier, as acquisition activity and higher contingent commissions helped offset pressure from declining catastrophe-property insurance rates. Chief Executive Officer Powell Brown said the company’s resul
Coffeehouse chain Starbucks (NASDAQ:SBUX) will be announcing earnings results this Wednesday after market close. Here’s what to look for.
It is a mammoth week on the earnings front with a plethora of important companies reporting. This week could make or break the market. This week we have Apple, Microsoft, Amazon, Meta Platforms, Exxon Mobil, Starbucks, Robinhood and Coinbase all reporting in what shapes as a busy and pivotal week for stocks.
Tata Consumer Products Ltd (BOM:500800) reports a 12% revenue growth and unveils 14 new products, while navigating challenges in international markets.
SBUX heads into Q3 earnings with improving traffic, loyalty momentum and product innovation, while investors await greater clarity on near-term growth.
MEXICO CITY, July 20 (Reuters) - Mexican restaurant and cafe chain operator Alsea cut its 2026 earnings growth forecast on Monday, citing weak consumer spending and currency headwinds, as the Mexican
Starbucks is scheduled to report its third-quarter results soon, and analysts expect a double-digit earnings increase.
In fast-casual restaurants right now, there is one number every analyst is hunting for, and almost nobody is producing it. That number is positive guest traffic. Sweetgreen (SG) posted an 11.2% traffic decline in the first quarter of 2026, per its first-quarter 2026 earnings release. Chipotle (CMG) ...
Dutch Bros (NYSE:BROS) reported stronger-than-expected first-quarter results and raised its full-year outlook, with management citing sustained transaction growth, food rollout momentum, beverage innovation and an accelerated development pipeline. On the company’s May 6 earnings call, Christine Bar