Starbucks Corp (SBUX) delivered a 7.9% global comparable sales increase and raised its full-year 2026 EPS guidance to $2.55-$2.65, driven by the 'Back to Starbucks' plan and operational improvements.
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The upgrade leans more on customer traffic than on price increases. The market repriced the stock immediately.
Starbucks (NASDAQ:SBUX) reported third-quarter fiscal 2026 results that management said reflected continued progress in its “Back to Starbucks” turnaround plan, including a fourth consecutive quarter of positive global comparable-sales growth and a second straight quarter of operating-margin expansi
Abby Roach, Allspring Global Investments Senior Portfolio Analyst, reacts to earnings from Starbucks and Chipotle as the companies focus on the consumer experience in challenging times. She speaks to Romaine Bostick and Emily Graffeo on Bloomberg's 'The Close.'
Starbucks (SBUX) delivered earnings and revenue surprises of +28.79% and -1.22%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Starbucks shares soared Wednesday after the coffee giant reported better-than-expected quarterly revenue and profit and raised its financial outlook for the year. The Seattle company said global same-store sales in its fiscal third quarter rose 7.9%, which was well above the 5.7% increase Wall Street was expecting, according to analysts polled by FactSet. Starbucks said it now expects global same-store sales to grow 6% for its full fiscal year.
Starbucks aims to keep its growth story piping hot when it reports third quarter results as CEO Brian Niccol leads the company into year three of its turnaround plan.
Today Federal Reserve meeting: Fed Chairman Kevin Warsh will hold a press conference at 2:30 p.m. ET, following the FOMC interest-rate decision at 2 p.m. Earnings (a.m): Procter & Gamble, Humana, L3Harris, Biogen, General Dynamics, Teva Pharmaceuticals, Airbus Earnings (p.
Brown & Brown (NYSE:BRO) reported second-quarter revenue of $1.7 billion, up 30.4% from a year earlier, as acquisition activity and higher contingent commissions helped offset pressure from declining catastrophe-property insurance rates. Chief Executive Officer Powell Brown said the company’s resul
Coffeehouse chain Starbucks (NASDAQ:SBUX) will be announcing earnings results this Wednesday after market close. Here’s what to look for.
📈 Follow our live markets data and coverage. Two years ago, Starbucks investors were having a lousy day following another depressing set of quarterly results. News of Brian Niccol’s hiring as chief executive boosted the coffee chain’s market value by $20 billion, or more than 25%, overnight.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.
Starbucks has found the perfect mix of digital and human ordering. You can use the company's app to place your complicated order and know it will be made exactly the way you want. And people who don't want to use the app can stand in line or go through the drive-through to order from an actual ...
Cracker Barrel's CEO is stepping down nearly a year after an attempted rebrand of the chain led to a fierce customer backlash. Cracker Barrel said Monday that CEO Julie Masino will step down next month but remain with the company until Oct. 9 in an advisory capacity. David Deno will succeed Masino on Aug. 10 as CEO.
Wall Street is heading for a pivotal week as Big Tech earnings, the Federal Reserve's rate decision and key inflation data test a market hovering near record highs. The busiest stretch begins on Wednesday, when Microsoft and Meta Platforms report earnings before the focus quickly shifts to...
It is a mammoth week on the earnings front with a plethora of important companies reporting. This week could make or break the market. This week we have Apple, Microsoft, Amazon, Meta Platforms, Exxon Mobil, Starbucks, Robinhood and Coinbase all reporting in what shapes as a busy and pivotal week for stocks.
This is a huge earnings week, with nearly a third of S&P 500 companies reporting. The Fed is expected to hold rates steady after its confab ends Wednesday, and we’ll see key inflation data on Thursday.
Tata Consumer Products Ltd (BOM:500800) reports a 12% revenue growth and unveils 14 new products, while navigating challenges in international markets.
SBUX heads into Q3 earnings with improving traffic, loyalty momentum and product innovation, while investors await greater clarity on near-term growth.
Starbucks CEO Brian Niccol built his reputation at Chipotle Mexican Grill by following one formula: fix operations, rebuild customer traffic, and wait for margins to follow. That playbook produced a stock return of more than 770% during a six-year tenure that more than doubled annual revenue and ...
MEXICO CITY, July 20 (Reuters) - Mexican restaurant and cafe chain operator Alsea cut its 2026 earnings growth forecast on Monday, citing weak consumer spending and currency headwinds, as the Mexican
Limited-time-offers (LTOs) bring consumers back to stores they may not have visited in a while and in rare cases, they may get a shopper to go someplace they rarely, or never, visit. In other cases, an LTO simply gets a customer to spend more than they otherwise might have. Starbucks, for example, ...
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Starbucks is scheduled to report its third-quarter results soon, and analysts expect a double-digit earnings increase.
Chipotle Mexican Grill (NYSE:CMG), a U.S. restaurant chain offering customizable Mexican-inspired food, is expanding into Mexico with its first location scheduled to open Thursday in the Monterrey metropolitan area. The company is entering the market in partnership with Alsea, a Latin American restaurant operator that manages brands including Starbucks across the region. Chipotle plans to open additional restaurants in Nuevo Leon later this year before expanding into Mexico City in 2027, suggesting the company is taking a phased approach to building its presence in the country.
Chipotle Mexican Grill (NYSE:CMG) is preparing to open its first restaurant in Mexico this week, marking a major milestone in the company’s international growth strategy as it enters the country that inspired much of its menu. The restaurant chain, which operates more than 4,100 locations worldwide, described the launch as a significant step in its global expansion plans.
Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...