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SBUX · Q2 2026

STARBUCKS CORP

Reported 2026-07-29
BEAT
48EarnIQ signal

Confidence rising

Mild quarter-over-quarter shift

Solid transaction growth and raised full-year guidance validate the early execution of the Back to Starbucks turnaround strategy.

  • Guidance was raised, with high specificity.
  • Management tone registered as confident (85/100).
  • EarnIQ detected 0 potential management deflections.
Headline–confidence gap

Headline confirmed

Management confidence reinforces the reported beat.

EPS: reported vs expected+26.1%$0.85 vs $0.67
Revenue: reported vs expected-0.2%$9.3B vs $9.3B
Guidance specificityHighRaised
Market expectations supplied by Finnhub · Reported vs consensus estimate

Our third quarter results are proof they do. We have more work to do, but we're relentlessly focused on reclaiming the third place.

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Guidance specificityPressure pointNarrative breakSource evidence
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