Headline Summary: Starbucks shares rallied 7.8% post-earnings as the company delivered 9% year-over-year revenue growth, 110 basis points of margin improvement, and accelerated global and U.S. comp sales, leading management to raise full-year guidance for comps and EPS. Key Takeaways:
- Q2 company revenue rose to $9.5 billion, up 9% year-over-year, with global comparable sales growing 6%.
- Consolidated operating margin increased to 9.4%, up approximately 110 basis points from the prior year.
- North America and U.S. comparable sales accelerated to over 7%, driven by more than 4 percentage points of transaction growth.
- EPS reached $0.50, an increase of roughly 22% year-over-year.
- Management raised fiscal 2026 targets: global comp growth to 5%+ and EPS to $2.25–$2.45, reflecting confidence in continued momentum.
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