Starbucks beats estimates in fiscal fourth quarter as CEO says "the turn has occurred"

FinanceInternationalYahoo FinanceOct 30, 2026, 9:56 AM30 s readAI summary

Starbucks reported adjusted earnings of $0.80 per share in its fiscal fourth quarter, versus $0.71 expected. Global comparable-store sales rose 7.2% and US same-store sales accelerated to 7.7%, driven by higher tickets and transactions. Operating margin expanded 460 basis points to 14%. The company offered initial fiscal 2027 adjusted profit guidance of $3.15 to $3.25 per share. CEO Brian Niccol said the company is back to being "a growth company."

In 30 seconds

Adjusted earnings of $0.80 per share, above the $0.71 estimate
Global comparable sales +7.2% and US +7.7%
Operating margin up 460 basis points to 14%

Read the full story at Yahoo Finance

IASummary generated by artificial intelligence from a story by Yahoo Finance. It may contain errors: the original source prevails.

Starbucks
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Starbucks beats estimates in fiscal fourth quarter as CEO says "the turn has occurred"

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day