Starbucks Raises FY2026 Outlook, Shares Up 5%

Starbucks lifted FY2026 comparable-store sales guidance to ≥5% and adjusted EPS to $2.25‑$2.45, citing continued turnaround.
Q2 global same-store sales rose 6.2% driven by 3.8% transaction growth and 2.3% higher average ticket.
Consolidated net revenue jumped 9% to $9.5 billion, beating consensus $9.12 billion, while adjusted EPS hit $0.50 versus $0.42 estimate.
Shares surged over 5% in pre‑market trading as CEO Brian Niccol’s “Back to Starbucks” plan boosts employee pay and store efficiency.