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<Results> Starbucks Corporation (SBUX.US) 2FQ Beats; Same-Store Sales +6.2%; Shares +6% After Hours
Starbucks Corporation (SBUX.US) announced after market close on Tuesday that its adjusted EPS for 2FQ was USD0.50, above market expectations of USD0.43. Revenue rose 9% YoY to USD9...
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<Results> Starbucks Corporation (SBUX.US) 2FQ Beats; Same-Store Sales +6.2%; Shares +6% After Hours
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Starbucks Corporation (SBUX.US)      announced after market close on Tuesday that its adjusted EPS for 2FQ was USD0.50, above market expectations of USD0.43. Revenue rose 9% YoY to USD9.53 billion, also beating estimates. After achieving customer traffic growth for a second consecutive quarter, the company raised its full-year earnings and same-store sales growth guidance. The stock rose about 6% in after-hours trading.

During the quarter, global same-store sales increased 6.2%, primarily driven by higher customer traffic, well above the markets expected 4% growth. Among them, US same-store sales rose 7.1%, international markets grew 2.6%, while China, the groups second-largest market, recorded only 0.5% growth.

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Starbucks stated that it expects global and US same-store sales to grow by at least 5% in fiscal year 2026, higher than the previous forecast of 3%. It also raised its adjusted EPS guidance from the prior USD2.15USD2.40 range to USD2.25USD2.45. (sw/m)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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