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Starbucks Publishes Q4 and Full-Year 2026 Earnings Call Transcript

By Public Technologies
  • Starbucks held its fourth-quarter fiscal 2026 earnings call Oct. 29, 2026, with CEO Brian R. Niccol and CFO Catherine R. Smith.
  • Management forecast fiscal 2027 earnings per share of $3.15 to $3.25, with operating margin of 13.5% to 14%.
  • North American comparable sales should rise approximately 4%; consolidated revenue is expected to decline approximately 1%, primarily reflecting China's licensing transition.
  • Fourth-quarter revenue fell 3.9% to $9.1 billion, reflecting China's transition; global comparable sales rose 7.2%.
  • Planned fiscal 2027 net openings total approximately 1,200 coffeehouses, including about 1,100 internationally, as North America's development pipeline is rebuilt.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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.

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