โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $9.1B (-4% YoY)
โข GAAP EPS: $0.59 (+392% YoY)
โข Non-GAAP EPS: $0.80 (+54% YoY)
โข GAAP Operating Margin: 10.8% (+790 bps YoY)
โข Non-GAAP Operating Margin: 14.0% (+460 bps YoY)
โข Global Comparable Sales: +7.2%
โข North America Comparable Sales: +7.9%
โข U.S. Comparable Sales: +7.7%
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐ (๐ ๐๐๐)
โข Revenue Growth: ~-1% YoY, reflecting China JV transition
โข North America Comparable Sales Growth: ~+4%
โข Non-GAAP Operating Margin: 13.5%โ14.0%
โข Non-GAAP EPS: $3.15โ$3.25
โข Net New Stores: ~1,200 globally
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๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Global comparable transactions +1.8%; average ticket +5.2%
โข North America revenue +6% to $7.33B; operating income +191% to $898M
โข International revenue -37% to $1.31B, reflecting China JV transition
โข Opened 303 net new stores in Q4, reaching 41,607 globally
โข Closed ~250 underperforming North American stores as part of restructuring
โข FY26 revenue +2% to $37.9B; adjusted EPS +28% to $2.72
โข FY26 global comparable sales +6.2%
โข Quarterly dividend: $0.63/share; share buybacks expected to resume in FY27
โข FY27 guidance includes an extra 53rd week, contributing ~$700M in revenue
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๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โBack to Starbucks started as our turnaround plan. Now, it's our growth plan.โ โ CEO Brian Niccol