Starbucks Publishes Q4 and Full-Year 2026 Earnings Call Transcript

(AWP Alliance News) - Starbucks forecast fiscal 2027 earnings per share of USD 3.15 to USD 3.25 during its Oct. 29, 2026, fourth-quarter earnings call, attended by CEO Brian R. Niccol, CFO Catherine R. Smith and analysts. North America comparable sales are expected to rise approximately 4%, with consolidated operating margin reaching 13.5% to 14%.

Consolidated revenue is projected to decline approximately 1%, primarily reflecting the transition of China's retail operations to a licensed joint venture. Fourth-quarter revenue fell 3.9% to USD 9.1 billion, while US comparable sales rose 7.7%.

Management plans approximately 1,200 net new coffeehouses globally in fiscal 2027, with International contributing approximately 1,100 openings.

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Disclaimer: This news brief was created using generative artificial intelligence. Starbucks Corporation published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.