Starbucks CEO Brian Niccol speaks during the Starbucks Investor Day event in New York City, U.S., Jan. 29, 2026.
Brendan McDermid | Reuters
Starbucks on Thursday reported mixed quarterly results as its international cafes underperformed expectations.
However, its U.S. turnaround continues to take hold, as its home market topped expectations during the coffee giant’s final quarter of fiscal 2026.
“We enter fiscal 2027 with momentum, a clear set of priorities and higher ambitions for what Starbucks can become,” CEO Brian Niccol said in a video shared on the company’s website.
Here’s what the company reported for the quarter ended Sept. 27 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Earnings per share: 80 cents adjusted vs. 72 cents expected
- Revenue: $9.1 billion vs. $9.23 billion expected
Net revenue fell 4% to $9.1 billion, reflecting the shift in its China business to a joint venture business…
