Business · Companies · 3 hrs ago
Starbucks beats expectations for quarterly sales and earnings
Starbucks beat analyst expectations for sales and earnings in its fourth quarter, even as its stock moved lower.
The results cover the global coffee chain, led by CEO Brian Niccol.
For the past two years, Niccol has worked to revive the business by simplifying menus, improving staffing and reducing wait times.
Global same-store sales rose 7.2%, above the expected 5.4%, while adjusted earnings were 80 cents per share, compared with an estimate of 72 cents.
Investors are watching whether sales gains can restore profitability, as consumer spending remains restrained.
Starbucks is also pursuing cost cuts through layoffs and store closures to help offset almost US$500 million in labour investments; the company’s turnaround is ongoing.
Starbucks beat analysts’ expectations for quarterly comparable sales and adjusted earnings.
Global same-store sales rose 7.2 per cent in the fourth quarter, above the 5.4 per cent increase analysts expected.
Adjusted earnings were 80 cents per share, compared with an estimate of 72 cents.
The results came as CEO Brian Niccol’s turnaround efforts seek to improve sales and operations.
Investors remain focused on whether Starbucks can restore profitability, and its stock was moving lower.
- Who
- Starbucks, led by CEO Brian Niccol.
- What
- The company beat expectations for quarterly comparable sales and adjusted earnings.
- When
- Thursday; the articles were published on October 29 and 30, 2026.
- Where
- Not stated.
- Why
- Niccol’s turnaround efforts have helped support sales growth. Starbucks is also restructuring to address costs.
This story does not have two clearly opposing sides.
Starbucks reported fourth-quarter global same-store sales growth of 7.2 per cent and adjusted earnings of 80 cents per share.
MarketWatch reported that Starbucks stock was moving lower.
- Fourth-quarter global same-store sales growth
- 7.2 per cent
- Analysts’ expected sales growth
- 5.4 per cent
- Adjusted earnings per share
- 80 cents
- Analysts’ expected earnings per share
- 72 cents
- CEO
- Brian Niccol