Starbucks Stock Surges on Revenue Beat Amid Mixed Q1 2026 Earnings
Starbucks posted mixed Fiscal Q1 2026 results: adjusted EPS of $0.56 missed the $0.59 consensus and was down 18.8% year over year, while revenue rose to $9.9 billion, topping estimates of $9.65 billion thanks to 4% growth in global comparable-store sales (U.S. +4%, international +5%). The stock jumped about 9.5% in premarket trading, with a 13.7% year-to-date gain but an 11.8% drop over the past year. For Fiscal 2026, Starbucks guided for at least 3% global and U.S. comp growth, similar revenue growth, a slight margin improvement, non-GAAP EPS of $2.15–$2.40, and ~600–650 new coffeehouses globally. Analysts’ consensus remains Moderate Buy with a target near $98, implying modest upside.
