Story perspectives
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.
