- Q3 global comparable sales rose 7.9% on a 4.2% gain in transactions and a 3.5% rise in average ticket.
- FY26 non-GAAP EPS guidance was raised to $2.55 to $2.65 and the quarterly dividend was lifted 1.6% to $0.63.
- Starbucks trades at 34.3x NTM earnings versus 18.9x for McDonald's, with a 141.8% payout ratio.
- Starbucks reports fiscal Q4 and FY26 results on October 29, with analysts modeling Q4 EPS of $0.73.
- Starbucks expects about $300 million of restructuring charges tied to closing roughly 1% of North American coffeehouses.
- Chief operating officer Mike Grams said in an October 19 interview that operational execution and human connection are inseparable.
Quotes
“Technology should unlock the experience, not be the experience.”
“Starbucks has to be something people look forward to”