| SBUX |
Report |
Global comparable sales (FQ3) |
BEAT |
pred ~+6.5% vs. cons +5.75% |
MEDIUM |
| SBUX |
Report |
North America comparable sales (FQ3) |
BEAT |
pred ~+6.8% vs. cons +6.0% |
MEDIUM |
| SBUX |
Report |
Non-GAAP EPS (FQ3) |
IN-LINE |
pred ~$0.66 vs. cons $0.65 |
MEDIUM |
| SBUX |
Report |
Non-GAAP operating margin (FQ3) |
MISS |
pred ~12.0% vs. cons 12.33% |
LOW |
| SBUX |
Guide |
FY26 Non-GAAP EPS guide |
UNCHANGED |
guide ~$2.25-$2.45 (mid ~$2.35) vs. cons ~$2.38 (FY26) |
MEDIUM |
| SBUX |
Guide |
FY26 global/US comps guide |
UNCHANGED |
guide ~≥5% vs. cons ~5.5% (FY26) |
MEDIUM |
| SBUX |
Guide |
FY26 consolidated revenue guide |
UNCHANGED |
guide ~flat YoY (~$36B) vs. cons ~$36B (FY26, China deconsolidation) |
MEDIUM |
| SBUX |
Guide |
FY26 non-GAAP operating margin guide |
UNKNOWN |
guide ~slightly up YoY (~+50bps) vs. cons ~+70bps (FY26) |
LOW |
| SBUX |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.0% |
— |
LOW |
| SBUX |
Return |
5-day cumulative residual |
-3.5% (FADE) |
Comp beat is already priced after the +8.5% FQ2 gap and re-rate to multi-year highs, so an in-line EPS with a messy print (international held-for-sale margin tailwind reversing, NA margin still under Green Apron/coffee/tariff pressure, China deconsolidation optically cutting revenue) and only a reaffirmed—not raised—FY26 guide disappoints an elevated bar. Out-period revenue estimates get trimmed on the China accounting change even after a comp beat, pulling numbers down and driving continued fade over the week. |
LOW |