Starbucks Q3 EPS rises 86% to $0.91 as comparable sales grow 7.9%; guidance raised
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.