Starbucks is about to report earnings. Here's what to expect
Starbucks has raised its full-year outlook for comparable earnings and same-store sales growth following a successful fiscal second quarter. The company reported a net income of $510.9 million, with U.S. same-store sales climbing 7.1%. Despite challenges in international markets, particularly in China, Starbucks continues to see strong performance in North America.
- ▪Starbucks raised its fiscal 2026 same-store sales growth outlook to at least 5%.
- ▪The company reported a net income of $510.9 million for the fiscal second quarter.
- ▪U.S. same-store sales increased by 7.1%, marking the second consecutive quarter of traffic growth.
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Starbucks on Tuesday raised its full-year outlook for comparable earnings and same-store sales growth after reporting its second straight quarter of traffic growth."This quarter marked a milestone for Starbucks – and the turn in our turnaround," CEO Brian Niccol said in a video posted alongside the company's fiscal second-quarter results.For fiscal 2026, Starbucks said global and U.S. same-store sales are now expected to increase by at least 5%, up from its prior projection of an increase of 3%. Starbucks also raised its forecast for adjusted earnings per share to a range of $2.25 to $2.45 from its previous range of $2.15 to $2.40 per share.Alarmed by the current war between U.S.
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