SBUX reports 6% global comp sales growth, $0.50 EPS, and $9.5 billion revenue, signaling consumer resilience in dining.
Starbucks reported second-quarter fiscal 2026 earnings per share of $0.50, up 22% year-over-year, alongside $9.5 billion in revenue, an 8% increase. Global comparable store sales rose over 6%, with U.S. transactions climbing more than 4%, breaking a two-year slump.
The company had faced declining comparable sales and shrinking margins prior to CEO Brian Niccol’s leadership shift in late 2023. His “Back to Starbucks” strategy focused on operational efficiency, loyalty program revamps, and cost cuts, driving North America comp sales to 7.1% growth.
Starbucks also raised its full-year guidance, though Niccol cautioned on potential consumer spending shifts ahead. The results contrast with broader restaurant sector warnings about weakening demand.