Oct 29, 4:07 PM ET
Starbucks reported fourth-quarter net revenues of $9.1 billion, down 4% due to the China retail operations transaction, while global comparable coffeehouse sales rose 7.2%. For the full fiscal year 2026, net revenues increased 2% to $37.9 billion, and the company issued fiscal year 2027 guidance expecting consolidated net revenues to decline by approximately 1%.
- Global comparable coffeehouse sales increased 7.2% in Q4 and 6.2% for the full fiscal year 2026.
- Q4 consolidated net revenues decreased 4% to $9.1 billion, while full-year net revenues increased 2% to $37.9 billion.
- Q4 GAAP EPS was $0.59 and non-GAAP EPS was $0.80.
- Fiscal year 2027 guidance projects non-GAAP EPS of $3.15 to $3.25.
Read the filing on SEC.gov ↗
Sep 24, 6:55 AM ET
On September 22, 2026, Starbucks' board approved further actions under its Back to Starbucks strategy, including closing about 1% of its more than 18,000 North America coffeehouses that do not meet the expected experience and financial performance. The company expects about $300 million in restructuring charges, with most closures finished by the end of fiscal 2026, and cut its full-year fiscal 2026 net new coffeehouse openings outlook to about 440 from 600 to 650, based on about 250 North America closures partly offset by higher International openings.
- About 250 North America coffeehouses to close, about 1% of more than 18,000; majority to be completed by end of fiscal 2026.
- About $300 million in restructuring charges: about $200 million cash, mainly lease exit and employee separation costs, and $100 million non-cash, mainly asset disposal and impairment.
- Fiscal 2026 net new global openings now expected at about 440, versus prior guidance of 600 to 650.
Read the filing on SEC.gov ↗
Jul 29, 4:06 PM ET
Starbucks reported fiscal third-quarter 2026 results for the quarter ended June 28, 2026, with global comparable store sales up 7.9% and GAAP earnings per share of $0.91, up 86% from a year earlier. Consolidated net revenues fell 1% to $9.3 billion, mainly reflecting the China retail transaction, and the company raised its fiscal 2026 guidance, including non-GAAP earnings per share of $2.55 to $2.65.
- Q3 GAAP EPS $0.91 (up 86%); non-GAAP EPS $0.85 (up 70%)
- Consolidated net revenues down 1% to $9.3 billion; GAAP results include a $536.3 million net gain from the China divestiture
- Fiscal 2026 non-GAAP EPS guidance of $2.55 to $2.65; non-GAAP operating margin guided above 11.0%
- Board declared a $0.62 per share dividend payable August 28, 2026
Read the filing on SEC.gov ↗
Jun 12, 4:16 PM ET
Starbucks designated Val Bauduin, a senior vice president in corporate finance, as its principal accounting officer on June 11, 2026. CFO Cathy Smith remains principal financial officer, and no compensation changes were made in connection with the role.
- Val Bauduin, 50, designated principal accounting officer on June 11, 2026, taking over from CFO Cathy Smith in that role
- Bauduin continues as senior vice president, Corporate Finance and Development, reporting to Smith
- No compensation changes tied to the designation; he remains in existing programs for similarly situated officers
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
