We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Compared to Estimates, Starbucks (SBUX) Q2 Earnings: A Look at Key Metrics
Read MoreHide Full Article
For the quarter ended March 2026, Starbucks (SBUX - Free Report) reported revenue of $9.53 billion, up 8.8% over the same period last year. EPS came in at $0.50, compared to $0.41 in the year-ago quarter.
The reported revenue represents a surprise of +3.92% over the Zacks Consensus Estimate of $9.17 billion. With the consensus EPS estimate being $0.44, the EPS surprise was +14.23%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Starbucks performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable Store Sales - North America - Sales Growth: 7.1% versus the six-analyst average estimate of 4.3%.
Comparable store sales - YoY change: 6.2% versus the six-analyst average estimate of 4%.
Comparable Store Sales - International - Sales Growth: 2.6% versus the six-analyst average estimate of 2.8%.
Total Stores: 41,129 versus the six-analyst average estimate of 41,270.
Net Revenues- North America: $6.89 billion versus $6.69 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6.5% change.
Net Revenues- Company-operated stores- International: $1.53 billion versus $1.54 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +7.6% change.
Net Revenues- Licensed stores- International: $480.4 million compared to the $437.26 million average estimate based on four analysts. The reported number represents a change of +18.4% year over year.
Net Revenues- Licensed stores- North America: $608 million compared to the $608.07 million average estimate based on four analysts. The reported number represents a change of -0.4% year over year.
Net Revenues- Company-operated stores: $7.82 billion versus the six-analyst average estimate of $7.63 billion. The reported number represents a year-over-year change of +7.3%.
Net Revenues- Licensed stores: $1.09 billion compared to the $1.04 billion average estimate based on six analysts. The reported number represents a change of +7.1% year over year.
Net Revenues- Other: $626.7 million compared to the $528.43 million average estimate based on six analysts. The reported number represents a change of +36.1% year over year.
Net Revenues- Channel Development: $567.8 million versus the four-analyst average estimate of $465.57 million. The reported number represents a year-over-year change of +38.8%.
Shares of Starbucks have returned +12.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Compared to Estimates, Starbucks (SBUX) Q2 Earnings: A Look at Key Metrics
For the quarter ended March 2026, Starbucks (SBUX - Free Report) reported revenue of $9.53 billion, up 8.8% over the same period last year. EPS came in at $0.50, compared to $0.41 in the year-ago quarter.
The reported revenue represents a surprise of +3.92% over the Zacks Consensus Estimate of $9.17 billion. With the consensus EPS estimate being $0.44, the EPS surprise was +14.23%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Starbucks performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Starbucks here>>>
Shares of Starbucks have returned +12.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.