SBUX
Starbucks·NASDAQ
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SBUX fundamentals
Starbucks (SBUX) released its earnings on Jan 28, 2026: revenue was 9.92B (YoY +5.50%), beat estimates; EPS was 0.56 (YoY -18.84%), missed estimates.
Revenue / YoY
9.92B
+5.50%
EPS / YoY
0.56
-18.84%
Report date
Jan 28, 2026
SBUX Earnings Call Summary for Q1,2026
- Revenue Growth: 5% global revenue ($9.9B) driven by 4% comps, with U.S. transactions up 3% and China comps +7%.
- Rewards Momentum: 35.5M active Rewards members, both rewards and non-rewards transactions growing YoY for first time in 8 quarters.
- China JV: Strategic partnership to expand licensed stores, with $0.02-$0.03 EPS dilution but 40bps margin accretion potential.
- Margin Outlook: 10.1% operating margin (180bps YoY decline), with back-half improvement from cost savings and inflation relief.
- Cost Efficiency: $2B+ cost reduction program targeting G&A, supply chain, and tech, with G&A below 2022 levels.
EPS
Actual | 0.32 | -0.46 | 0.51 | 0.61 | 0.62 | 1.01 | 1 | 0.72 | 0.59 | 0.84 | 0.81 | 0.75 | 0.74 | 1 | 1.06 | 0.9 | 0.68 | 0.93 | 0.8 | 0.69 | 0.41 | 0.5 | 0.52 | 0.56 | ||||||||||||||||
Forecast | 0.3408 | -0.5673 | 0.312 | 0.5531 | 0.532 | 0.7806 | 0.9939 | 0.7972 | 0.5967 | 0.7668 | 0.7223 | 0.7733 | 0.6496 | 0.952 | 0.9722 | 0.9308 | 0.7964 | 0.9346 | 0.8682 | 0.6675 | 0.4858 | 0.6472 | 0.5563 | 0.5857 | ||||||||||||||||
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -6.10% | +18.91% | +63.46% | +10.29% | +16.54% | +29.39% | +0.61% | -9.68% | -1.12% | +9.55% | +12.14% | -3.01% | +13.92% | +5.04% | +9.03% | -3.31% | -14.62% | -0.49% | -7.86% | +3.37% | -15.60% | -22.74% | -6.53% | -4.39% |
Revenue
Actual | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6.00B | 4.22B | 6.20B | 6.75B | 6.67B | 7.50B | 8.15B | 8.05B | 7.64B | 8.15B | 8.41B | 8.71B | 8.72B | 9.17B | 9.37B | 9.43B | 8.56B | 9.11B | 9.07B | 9.40B | 8.76B | 9.46B | 9.57B | 9.92B |
Forecast | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.89B | 4.10B | 6.06B | 6.91B | 6.78B | 7.29B | 8.21B | 7.98B | 7.62B | 8.15B | 8.32B | 8.79B | 8.41B | 9.29B | 9.29B | 9.60B | 9.12B | 9.25B | 9.20B | 9.32B | 8.83B | 9.29B | 9.33B | 9.65B |
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +1.80% | +3.09% | +2.33% | -2.29% | -1.65% | +2.87% | -0.82% | +0.83% | +0.23% | +0.06% | +1.09% | -0.91% | +3.71% | -1.30% | +0.90% | -1.79% | -6.14% | -1.46% | -1.35% | +0.88% | -0.77% | +1.73% | +2.59% | +2.70% |
Earnings Call
You can ask Aime
What is Starbucks's gross profit margin?What does Starbucks do and what are its main business segments?Did Starbucks beat or miss consensus estimates last quarter?What is the revenue and EPS growth rate for Starbucks year over year?What were the key takeaways from Starbucks's earnings call?What factors drove the changes in Starbucks's revenue and profit?What guidance did Starbucks's management provide for the next earnings period?What were the key takeaways from Starbucks’s earnings call?
