earnings
confidence high
sentiment positive
materiality 0.85
Starbucks Q2 FY2026: global comps +6.2%, non-GAAP EPS $0.50, raises FY guidance
STARBUCKS CORP
2026-Q2 EPS reported
$0.70
revenue$19,446,600,000
- Global comparable store sales +6.2% (transactions +3.8%, ticket +2.3%); consolidated revenue $9.5B (+9%).
- GAAP EPS $0.45 (+32%), Non-GAAP EPS $0.50 (+22%); GAAP operating margin 8.7% (+180bps).
- North America comps +7.1%, International +2.6%, China comps +0.5%; total stores 41,129.
- Updated FY2026 guidance: comp sales growth >=5%, non-GAAP EPS $2.25-$2.45, 600-650 net new stores.
- Completed Boyu Capital JV for China retail; Starbucks retains 40% ownership interest.
item 2.02item 9.01