Form 8-K · Current report
Starbucks 8-K, filed Jul 29, 2026
- Filed
- CIK
- 0000829224
- Accession no.
- 0000829224-26-000129
Summary
Starbucks reported fiscal third-quarter 2026 results for the period ended June 28, 2026, with global comparable store sales up 7.9% and consolidated net revenues down 1% to $9.3 billion, reflecting the conversion of its China retail operations to a licensed joint venture in which it retains a 40% stake. GAAP EPS was $0.91 and non-GAAP EPS $0.85, and the company raised its fiscal 2026 guidance to non-GAAP EPS of $2.55 to $2.65 and non-GAAP operating margin above 11.0%; CEO Brian Niccol credited the "Back to Starbucks" plan for the results.
Key points
- Global comparable store sales rose 7.9% in Q3 FY2026, driven by a 4.2% increase in comparable transactions and a 3.5% increase in average ticket.
- Consolidated net revenues fell 1% to $9.3 billion, reflecting the conversion of Starbucks retail operations in China to a licensed joint venture model in which Starbucks retains a 40% ownership interest.
- GAAP operating margin was 10.5% and non-GAAP operating margin 14.4%; GAAP EPS was $0.91 and non-GAAP EPS $0.85.
- Starbucks raised fiscal year 2026 guidance to non-GAAP EPS of $2.55 to $2.65, non-GAAP operating margin above 11.0%, and roughly 600 to 650 net new coffeehouses.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02Results of Operations and Financial Condition. On July 29, 2026, Starbucks Corporation issued a press release announcing its financial results for the quarter ended June 28, 2026. A copy of the press release is attached as Exhibit 99.1. Item 9.01Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Earnings Release of Starbucks Corporation dated July 29, 2026 104 Cover Page Interactive Data File (formatted as inline XBRL) Exhibit 99.1: EX-99.1 2 sbux-06282026xearningsrele.htm EX-99.1 Exhibit 99.1 Starbucks Reports Q3 Fiscal Year 2026 Results Company Delivers Four Consecutive Quarters of Comp Growth and Two Consecutive Quarters of Margin Expansion Global Q3…
An excerpt of the text as filed with the SEC, cut for length.
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