Starbucks (SBUX) Q2 Earnings Preview: EPS 43 Cents, Revenue $9.16B
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowStarbucks (SBUX) is set to report its fiscal second-quarter earnings, with analysts projecting earnings per share of 43 cents and revenue of $9.16 billion. Last quarter, the company experienced traffic growth for the first time in two years, signaling a potential turnaround under CEO Brian Niccol. For fiscal 2026, Starbucks anticipates adjusted earnings per share between $2.15 and $2.40, along with at least 3% same-store sales growth. Despite a 15% increase in its stock over the past 12 months, it has underperformed relative to the S&P 500, which saw approximately 29% gains.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Starbucks Corporation (SBUX)
Starbucks is the largest coffeehouse chain in the world, operating and licensing stores across dozens of markets.
The Consumer Discretionary sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
Earlier SBUX news
- Ube Demand Rises 230% in U.S. Restaurants: Key Trends and Impact
- Starbucks (SBUX) Analyst Upgrade Caution from Jim Cramer
- Starbucks (SBUX) Shares Up 7.6% Year-to-Date Despite Earnings Cuts
- Starbucks (SBUX) Launches Tipping Program and China Investment Deal
- Delta (DAL) and Starbucks (SBUX) Added to Deutsche Bank's List
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