Starbucks raises FY26 EPS to $2.45

Starbucks raised FY26 adjusted EPS target to $2.25‑$2.45, reflecting turnaround progress.
Company forecasts comparable‑store sales growth of at least 5% globally and in the U.S.
Q2 net revenue rose 9% to $9.5 bn, beating consensus $9.12 bn, with adjusted EPS $0.50 versus $0.42 estimate.
Operating margin improved 120 bps to 9.4% as “Back to Starbucks” initiative boosted transactions and average ticket.