| SBUX |
Report |
Global comparable store sales growth (Q3 FY26) |
BEAT |
pred ~6.7% vs. cons 5.75% |
HIGH |
| SBUX |
Report |
Non-GAAP EPS (Q3 FY26) |
BEAT |
pred ~$0.70 vs. cons $0.66 |
MEDIUM |
| SBUX |
Report |
Non-GAAP operating margin (Q3 FY26) |
BEAT |
pred ~12.7% vs. cons 12.3% |
MEDIUM |
| SBUX |
Guide |
FY26 global/U.S. comparable sales growth guidance |
BETTER |
guide ~6%+ vs. cons ~5.5% (FY26) |
MEDIUM |
| SBUX |
Guide |
FY26 non-GAAP EPS guidance |
BETTER |
guide ~$2.40-$2.55 (mid $2.48) vs. cons $2.35 (FY26) |
MEDIUM |
| SBUX |
Guide |
FY26 consolidated net revenue guidance (China JV deconsolidation drag) |
UNCHANGED |
guide ~flat 0% vs. cons -0.5% (FY26) |
HIGH |
| SBUX |
Guide |
FY26 non-GAAP operating margin guidance |
BETTER |
guide ~+40-60bps yoy vs. cons ~+20bps yoy (FY26) |
LOW |
| SBUX |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.5% |
— |
MEDIUM |
| SBUX |
Return |
5-day cumulative residual |
+3.0% (STABILIZE) |
Comps/EPS/margin beat plus a comp and EPS guide raise should support an initial pop similar in direction to the ~8.5% Q2 reaction, but muted in magnitude because buy-side whisper numbers (UBS ~7% comps) already sit above the official 5.75% Street consensus and the stock is up ~25% YTD near highs, leaving less room for surprise. The China JV deconsolidation mechanically cuts headline revenue (already flagged, not a new negative), so out-period EPS/comp revisions should move up modestly on the raise without a offsetting round of consensus cuts elsewhere - net picture is a held gap rather than a strong follow-through melt-up or a fade, consistent with the flat/consolidating price action seen in the five sessions after the April Q2 print. |
MEDIUM |