
Starbucks defies mixed results with revenue beat and store growth optimism
Starbucks posted mixed Q1 2026 results: adjusted EPS of $0.56, missing the $0.59 consensus and down about 18.8% year-over-year, while revenue rose to $9.9 billion vs $9.65 billion expected. Global comparable store sales grew 4% (U.S. +4%, international +5%), marking the first U.S. growth in two years. Shares climbed in pre-market trading, and management guided for fiscal 2026 with flat-to-improved margins and EPS of $2.15–$2.40, plus roughly 600–650 new stores. Analysts rate the stock as Moderate Buy with a target near $98.

