---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-26-000129"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2026-07-29T20:06:12+00:00"
generated_at: "2026-07-29T20:07:20.977644+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Starbucks Q3 global comp +7.9%, NA +8.1%; raises FY EPS guidance to $2.55-$2.65

## Summary
- Global comparable store sales +7.9% (transactions +4.2%, ticket +3.5%); North America +8.1%, U.S. +7.9%.
- Consolidated net revenues $9.3B (-1% YoY) reflecting China JV conversion; GAAP EPS $0.91, non-GAAP EPS $0.85.
- Non-GAAP operating margin expanded 430 bps to 14.4%; GAAP operating margin 10.5% (+60 bps).
- Raises FY2026 guidance: U.S. comp >6%, global comp ~6%, non-GAAP EPS $2.55-$2.65, op margin >11%.
- Board declares $0.62 dividend payable Aug 28; completed China JV with Boyu Capital, retains 40% stake.

## SEC filing metadata
- accession: 0000829224-26-000129
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2026-07-29T20:06:12+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922426000129/0000829224-26-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922426000129/sbux-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-26-000129
- JSON: https://secwatch.observer/filing/0000829224-26-000129.json
- Plain text: https://secwatch.observer/filing/0000829224-26-000129.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
