Starbucks raised its full-year 2026 guidance after reporting fiscal third quarter results on July 29, 2026, with revenue of US$9.32 billion and net income of US$1.05 billion. Management now expects consolidated net revenues to be flat or show slight growth year over year, with diluted GAAP earnings per share in a range of US$2.14 to US$2.24. The company also confirmed that no additional shares were repurchased between March 30 and June 28, 2026, while 670,188,630 shares have been bought back since the program began in 2006. Starbucks shares trade at US$105.58, with a year-to-date return of 25.74%, and the most followed valuation narrative puts fair value at US$106.25, almost exactly in line with the recent close.
Starbucks CorporationRaises full-year 2026 guidance after strong Q3 results, with revenue and net income reported.
