Starbucks is about to report earnings. Here's what to expect
Starbucks is set to report its fiscal second-quarter earnings, with analysts expecting earnings of 43 cents per share and revenue of $9.16 billion. The company showed signs of a turnaround last quarter with improved customer traffic, supported by recent loyalty program updates and menu innovations. However, ongoing investments in stores and labor are pressuring profits. Starbucks projects stronger growth by fiscal 2026, though its stock has underperformed the broader market over the past year.
- ▪Analysts expect Starbucks to report 43 cents in earnings per share and $9.16 billion in revenue for the fiscal second quarter.
- ▪The company reported its first customer traffic growth in two years in the prior quarter, signaling progress in its turnaround under CEO Brian Niccol.
- ▪Recent changes to the Starbucks Rewards program have increased engagement among value-conscious consumers since its March launch.
- ▪Investments in store operations and labor are continuing to weigh on the company's profitability.
- ▪Starbucks forecasts adjusted EPS of $2.15 to $2.40 and at least 3% same-store sales growth globally and in the U.S. by fiscal 2026.
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Starbucks is expected to report its fiscal second-quarter earnings after the bell on Tuesday.Here's what Wall Street analysts surveyed by LSEG are expecting the company to report:Earnings per share: 43 cents expectedRevenue: $9.16 billion expectedLast quarter, the coffee chain reported traffic growth for the first time in two years, a promising sign for its turnaround under CEO Brian Niccol. At its investor day in New York City in January, executives shared more details on the next phase of the strategy, which includes additional menu innovation and a revamped loyalty program.
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