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Starbucks Q3 Revenue Beats Forecast, Earnings Surge 87%

7/30/2026

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Story summary
  • Starbucks reported third-quarter revenue of $9.3 billion, topping analysts’ $9.1 billion estimate.
  • Net earnings climbed 87% to $1.05 billion, raising earnings per share to 91 cents.
  • Starbucks opened 175 net new stores, bringing its global total to over 41,000 locations.
  • Global comparable store sales increased almost 8% while revenue fell 1% from a year earlier.
  • CEO Brian Niccol said Starbucks is focused on reclaiming third place and becoming the greatest customer-service company.