SBUX

A month has gone by since the last earnings report for Starbucks (SBUX). Shares have lost about 3.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Starbucks due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts. Starbucks reported solid second-quarter fiscal 2026 results, with adjusted earnings and net revenues beating the Zacks Consensus Estimate and increasing on a year-over-year basis. The company reported adjusted earnings per share of 50 cents, beating the Zacks Consensus Estimate of 44 cents by 13.64%. Adjusted earnings increased 22.0% from 41 cents in the prior-year quarter.Net revenues of $9.53 billion topped the consensus mark of $9.17 billion by 3.92%. The top line increased 8.8% year over year. Global comparable store sales rose 6.2%, primarily driven by a 3.8% increase in comparable transactions and a 2.3% increase in average ticket. Starbucks delivered margin progress in the quarter, supported by stronger sales leverage and lower depreciation and amortization costs tied to classifying Starbucks retail operations in China as held for sale. GAAP operating margin expanded 180 basis points year over year to 8.7%, reflecting improved operating income performance versus the prior-year period.On a non-GAAP basis, operating margin expanded 120 basis points year over year to 9.4%. Starbucks also benefited from a sharp decline in restructuring and impairment charges versus a year ago, partially offsetting ongoing cost pressures that flowed through product, distribution and labor-related lines. North America remained the largest revenue driver in the fiscal second quarter, with segment net revenues rising 6.5% year over year to $6.89 billion. The increase was primarily supported by higher company-operated store revenues, as comparable store sales rose 7.1% year over year on a 4.4% increase in comparable transactions and a 2.6% rise in average ticket.Profitability in the region was pressured by investments and input costs. North America’s operating income declined to $679.9 million from $748.3 million a year ago, with operating margin contracting 170 basis points year over year to 9.9%. The company attributed the profita...

In fast-casual restaurants right now, there is one number every analyst is hunting for, and almost nobody is producing it. That number is positive guest traffic. Sweetgreen (SG) posted an 11.2% traffic decline in the first quarter of 2026, per its first-quarter 2026 earnings release. Chipotle (CMG) clawed its way back to just 0.6% traffic growth after four straight quarters of declines, Yahoo Finance reports. Starbucks (SBUX) only recently returned to traffic growth after a brutal stretch, per Restaurant Dive. Then there is CAVA Group (CAVA), which just reported 6.8% guest traffic growth and made everyone else look slow. That divergence is exactly what triggered the latest analyst move. Argus Research analyst Christine Dooley upgraded CAVA from Hold to Buy on May 21, 2026, setting a price target of $92, Investing.com reports. The change in stance matters because Argus had been on the sidelines for months while CAVA worked through a sharp pullback from its 2024 highs. Dooley flagged improving restaurant traffic as the key driver of the upgrade. The firm also pointed to on-track new restaurant openings, strong unit-level economics, and a bullish technical pattern of higher highs and higher lows. That call landed on top of an already heavy week of analyst revisions. Other analysts joining the lift: Robert W. Baird raised its target to $98 from $88, per TipRanks Telsey Advisory moved to $95 from $92 Stifel, Morgan Stanley, Mizuho, TD Cowen, and Guggenheim all raised targets after the quarter The fast-casual category has been quietly cracking. Most major chains are either declining or barely flat on traffic, according to Restaurant Dive's same-store sales tracker. Placer.ai's head of analytical research, R.J. Hottovy, told Restaurant Dive that value grocers like Aldi and Trader Joe's are now stealing fast-casual visits, with consumers questioning the value of a $16 bowl eaten at a counter. CAVA is the clear exception. Related: Cava is betting millions on restaurant role most chains overlook In its first-quarter 2026 earnings release, CAVA reported: Revenue up 32.2% to $434.4 million. Same-restaurant sales up 9.7%, driven by 6.8% traffic growth. Restaurant-level profit margin of 25.1% Adjusted EBITDA up 37.6% to $61.7 million. 20 net new restaurants, bringing the total to 459. Source: CAVA Group First Quarter 2026 Report "Amid today's broader macroeconomic environ...

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walmart Inc. (WMT) : Free Stock Analysis Report Starbucks Corporation (SBUX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SEATTLE, May 16, 2026--(BUSINESS WIRE)--Starbucks Corporation (Nasdaq: SBUX) ("Starbucks," "we," "us" or the "Company") today announced the early results of its previously announced tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers") for cash the notes of the series listed in the table below (collectively, the "Notes"). The Tender Offers were made pursuant to the Offer to Purchase, dated May 4, 2026 (the "Offer to Purchase"), which sets forth a more comprehensive description of the terms and conditions of the Tender Offers. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase. In addition, Starbucks has exercised its previously disclosed right to amend the terms of the Tender Offers to increase (i) the Aggregate Cap for all Notes validly tendered and accepted for purchase pursuant to the Tender Offers to $1.3 billion; (ii) the Pool 1 Maximum Amount to $600 million; and (iii) the Pool 2 Maximum Amount to $700 million. Except as described in this press release, the terms and conditions of the Tender Offers set forth in the Offer to Purchase remain unchanged. According to information provided by D.F. King & Co., Inc., the Tender and Information Agent in connection with the Tender Offers, $2,598,857,000 aggregate principal amount of the Notes were validly tendered prior to or at 5:00 p.m., Eastern Time on May 15, 2026 (the "Early Tender Date") and not validly withdrawn. The table below provides certain information about the Tender Offers, including the aggregate principal amount of each series of Notes validly tendered and not validly withdrawn prior to the Early Tender Date. Pursuant to the terms of the Offer to Purchase, Starbucks expects to accept for purchase, up to the Aggregate Cap, the Maximum Amounts and the Tender Sub Cap for the 2048 Notes and subject to proration, if applicable, the Notes validly tendered and not validly withdrawn as of the Early Tender Date in accordance with the Acceptance Priority Levels specified in the table above. Because the aggregate purchase price of the Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date exceeds the Aggregate Cap and the Maximum Amounts, Starbucks does not expect to accept any further tenders of Notes. The applicable consideration (the "Total Consideration") offered per...

Brian Niccol reversed Starbucks’ (SBUX) turnaround as menu innovation drove 6.2% same-store sales growth, ending 7 quarters of declines. Cold foam and Refreshers platforms drove the growth, with cold foam sales up 40% and Refreshers hitting $2 billion in Q2 revenue. Sustained beverage innovation, not store renovations, will determine whether Starbucks maintains momentum as labor and coffee costs pressure margins. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Starbucks wasn't one of them. Get them here FREE. The Morning Brew Daily hosts handed Brian Niccol a nickname this week: "the retail Messi." The label arrived after Starbucks (NASDAQ:SBUX) reported a 6.2% increase in same-store sales. This ended a streak of 7 quarters of flat or declining sales and sending the shares up nearly 6% after hours. This was on top of a 16% gain already this year. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Starbucks wasn't one of them. Get them here FREE. Niccol arrived in 2024 when the company was struggling. His Back to Starbucks playbook leaned on faster service and more appealing store interiors. Numbers from the quarter ended March 29, 2026 suggest it's working. Adjusted EPS of $0.50 beat the $0.44 consensus by 13.64%, breaking a four-quarter miss streak. Revenue hit $9.53 billion, up 8.79% year over year. North America comps rose 7.1% on 4.4% transaction growth, and operating income jumped 37.79%. Moreover, Niccol called it directly on the earnings release: "Our second quarter marked the turn in our turnaround as our Back to Starbucks plan drove both top and bottom line growth." On the call he added, "We haven't seen this transaction strength in 3 years." The Morning Brew framing matters. Operational fixes get headlines, but the host argued "it does look like menu innovation has been the big throughline here that has brought people back inside to Starbucks." The evidence included cold foam variations, boba options, and a faster cadence of new launches, with NYC stores advertising something new on every visit. The earnings call backs this up. Refreshers are now a $2 billion platform, and cold foam platform sales rose more than 40% in Q2. Brand affinity reached 5-year highs in consideration and purchase intent, led by Gen Z and millennials. Niccol's framing on the call: "Our menu innovation is exciting and moving at the s...

Domino’s Pizza, Inc. (NASDAQ:DPZ) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. When a caller asked about the stock, Cramer was quick to say: A technical stock market chart. Photo by Energepic from Pexels Domino’s Pizza, Inc. (NASDAQ:DPZ) operates and franchises pizza restaurants under the Domino’s brand that sell pizzas, sides, sandwiches, pastas, and desserts. Discussing the company on December 17, 2025, Cramer said: While we acknowledge the potential of DPZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

(Bloomberg) -- First-quarter earnings season is delivering Wall Street better-than-expected results, propelling US equities’ run from one record to the next. Most Read from Bloomberg Supertanker Appears to Have Crossed the Strait of Hormuz World’s Largest Container Carrier Plans Route Avoiding Hormuz Beijing Tells China Firms to Ignore US Sanctions on Refiners Philippines Says Thousands Evacuated as Mayon Volcano Erupts Iran Juggles Oil Cuts and Storage Strain to Resist US Blockade As earnings wind down for two-thirds of the stocks in the S&P 500 Index, the proportion of companies missing analysts’ estimates is hovering at the lowest level since 2021. It’s not just due to blowout earnings from technology giants, which were expected to lead the charge. S&P 500 companies outside of the tech realm have been posting the sharpest positive earnings surprises since the fourth quarter of 2024, according to Seaport Research Partners. For Wall Street investors, that’s a vote of confidence in Corporate America’s profit machine, which keeps humming along despite an oil price shock, tariff turmoil and rising worries about the health of the US consumer. “As I look at how companies have reported results, I would argue that resilient is almost too modest of a word. There’s real, obvious strength,” said Marta Norton, chief market strategist at Empower. “The foundation of the economy is proving to be very, very strong.” The strength is showing up across sectors. Small caps are on a tear, bank profits are booming and firms keep plowing past macroeconomic obstacles, though some worries still linger. Here are five themes that investors are watching play out in this reporting period: Spending Spree Microsoft Corp., Amazon.com Inc., Alphabet Inc., Meta Platforms Inc. and Apple Inc. — which make up roughly a quarter of the S&P 500’s total market capitalization — were the headliners this week. Their earnings were generally better than expected, though Meta and Microsoft retreated amid concerns around the companies’ capital spending plans. Meanwhile, the rally in semiconductor stocks extended. Intel Corp. topped the leaderboard, soaring 114% in April, helped by an estimate-shattering sales forecast. Texas Instruments Inc. was also a notable earnings-driven gainer. After soaring nearly 50% during an 18-session winning streak last month the Philadelphia Semiconductor Index, or SOX, clo...

From Apple (AAPL) to Starbucks (SBUX), this week has brought some shockingly better-than-expected first quarter earnings reports. Credit a resilient US consumer or the C-suite low-balling guidance three months ago, or both, the numbers for this current earnings season have been outright impressive. And it has been a springboard for the receptive stock market. The Q1 reporting season blowout: 80% of the S&P 500 (^GSPC) companies that have reported earnings so far this quarter have beaten earnings per share (EPS) estimates, JPMorgan said. EPS growth for these companies is a strong 31% year over year, positively surprising analyst estimates by a stunning 23%. While the tech, communication services, financial, and discretionary sectors are leading the EPS growth charge, all sectors are seeing strong earnings delivery: 9 out of the 11 sectors in the S&P 500 are printing double-digit EPS growth. Top-line sales growth is up 11% year over year, ahead of projections by 2%, JPMorgan analysts noted. Read more: Live coverage of corporate earnings The stock market loves it: The US stock market staged an extraordinary comeback in April, shaking off the geopolitical anxieties of the previous quarter to reach unprecedented heights. Propelled by a powerful mix of blockbuster corporate earnings and easing Middle East tensions, the S&P 500 crossed the historic 7,200 level for the first time. The recovery wasn't just a slow crawl; it was a virtual melt-up that saw the S&P 500 surge roughly 13% from its late-March low — marking its sharpest rally since the post-pandemic bounce of 2020. Some of the hottest stocks in April were from the tech complex: Intel (INTC) staged a 114% surge in the month, while memory chip play Sandisk (SNDK) rocked 75%. The bottom line: As long as earnings continue to stay strong amid heightened geopolitical unrest, it will be hard for the bears to gain control of the narrative for any prolonged period. Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email [email protected]. Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance

This article first appeared on GuruFocus. Release Date: April 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Alsea SAB de CV (ALSSF) reported a 1.4% year-over-year increase in total sales, reaching 20.1 billion pesos, with a 5.8% increase excluding foreign exchange effects. Same-store sales grew by 4.1%, with notable performances from Starbucks in South America and Domino's Pizza in Colombia. The company opened 32 new stores in the first quarter, focusing on high-return locations and formats. Digital platforms contributed significantly to growth, with loyalty sales increasing by 12% and digital orders accounting for 41.2% of total sales. Alsea SAB de CV (ALSSF) continued to advance its ESG initiatives, including a record fundraising campaign and efforts to reduce emissions and support vulnerable communities. Net income for the first quarter decreased by 65.7% year-over-year, impacted by a one-off effect from debt refinancing. Sales in South America fell by 10.7% due to currency effects, affecting overall performance in the region. The gross margin was adversely affected by segment and geographic mix, with higher-cost businesses representing a larger share of sales. Disruptions in Jalisco and surrounding states resulted in a negative one-off impact of approximately 60 million pesos in revenues. Burger King's same-store sales in Chile decreased by 2.3%, reflecting softer trends during the quarter. Warning! GuruFocus has detected 6 Warning Signs with ALSSF. Is ALSSF fairly valued? Test your thesis with our free DCF calculator. Q: How is the recovery in Europe evolving, and what are the plans for digital capabilities given the significant growth in digital sales? A: (CEO) In Europe, Spain shows stable performance with positive trends, while France is experiencing a slow but steady recovery. For digital capabilities, we continue to expand our loyalty base and improve app functionalities, aiming to reduce dependency on aggregators and enhance customer engagement. Q: Starbucks Mexico's performance was below other banners. What are the expectations for the remainder of the year, and how do you see gross margin evolving? A: (CFO) Gross margin was positively impacted by FX but offset by business mix and startup costs in Guadalajara. We expect margin expansion in the second half. (CEO) Starbucks Mexico face...

Starbucks stock nears entry after results. Six other stocks, including data center, semiconductor player push toward buy points.

Starbucks (SBUX) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.23%. A quarter ago, it was expected that this coffee chain would post earnings of $0.58 per share when it actually produced earnings of $0.56, delivering a surprise of -3.45%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Starbucks, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $9.53 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.92%. This compares to year-ago revenues of $8.76 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Starbucks shares have added about 16.3% since the beginning of the year versus the S&P 500's gain of 4.8%. While Starbucks has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Starbucks was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here...

Starbucks Corporation SBUX reported solid second-quarter fiscal 2026 results, with adjusted earnings and net revenues beating the Zacks Consensus Estimate and increasing on a year-over-year basis. Following the release, shares gained 5.6% in the post-market trading session, as management raised fiscal 2026 guidance, citing improving demand trends under its “Back to Starbucks” plan. The company reported adjusted earnings per share of 50 cents, beating the Zacks Consensus Estimate of 44 cents by 13.64%. Adjusted earnings increased 22.0% from 41 cents in the prior-year quarter. Starbucks Corporation price-consensus-eps-surprise-chart | Starbucks Corporation Quote Net revenues of $9.53 billion topped the consensus mark of $9.17 billion by 3.92%. The top line increased 8.8% year over year. Global comparable store sales rose 6.2%, primarily driven by a 3.8% increase in comparable transactions and a 2.3% increase in average ticket. Starbucks delivered margin progress in the quarter, supported by stronger sales leverage and lower depreciation and amortization costs tied to classifying Starbucks retail operations in China as held for sale. GAAP operating margin expanded 180 basis points year over year to 8.7%, reflecting improved operating income performance versus the prior-year period. On a non-GAAP basis, operating margin expanded 120 basis points year over year to 9.4%. Starbucks also benefited from a sharp decline in restructuring and impairment charges versus a year ago, partially offsetting ongoing cost pressures that flowed through product, distribution and labor-related lines. North America remained the largest revenue driver in the fiscal second quarter, with segment net revenues rising 6.5% year over year to $6.89 billion. The increase was primarily supported by higher company-operated store revenues, as comparable store sales rose 7.1% year over year on a 4.4% increase in comparable transactions and a 2.6% rise in average ticket. Profitability in the region was pressured by investments and input costs. North America’s operating income declined to $679.9 million from $748.3 million a year ago, with operating margin contracting 170 basis points year over year to 9.9%. The company attributed the profitability headwinds primarily to labor investments tied to “Back to Starbucks,” product mix shifts and inflation led by tariffs and elevated coffee pricing, part...