Starbucks (SBUX) Q2 2026 (USD): Adj. EPS 0.50 (exp. 0.42), Revenue 9.5bln (exp. 9.16bln)
- Global comp store sales +6.2% (exp. +3.67%)
- International comp store sales +2.6% (exp. 3.07%).
- North America & US comp store sales +7.1%.
- China comp store sales +0.5%.
Guidance:
- Raises FY26 EPS to 2.25-2.45 (prev. 2.15-2.40, exp. 2.28).
- Boosts FY26 global and US comp. store sales growth view to 5% or greater (prev. 3% or greater).
Context
Starbucks reported better-than-expected Q2 2026 results, with adjusted EPS of 0.50 exceeding the 0.42 estimate and revenues also above expectations. Notably, their guidance for FY26 EPS was raised, as well as growth projections for both global and US comp store sales, indicating strong performance and positive momentum in their operations. This could enhance investor sentiment, particularly in the consumer services and restaurant sectors, reflecting confidence in Starbucks' continued growth.
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