Starbucks posts slight revenue miss, earnings beat in Q4 results as CEO says turnaround plan 'is working'
Starbucks reported a slight revenue miss and earnings beat in its Q4 results. The company's US stores outperformed expectations with 7.7% same-store sales growth, while its international business disappointed. CEO Laxman Narasimhan stated the turnaround plan 'is working'. The company sees annual profit above estimates as turnaround gains traction.
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- ✓ Starbucks US same-store sales grew 7.7% in Q4
- ✓ Starbucks reported Q4 2026 earnings of $0.80 per share
- ✓ Starbucks revenue was $9.14 billion in Q4 2026
- ✓ Starbucks international business disappointed in Q4
What changed
Starbucks reported its Q4 2026 earnings, providing an update on the progress of its turnaround plan.
Live updates
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Starbucks Q4 revenue misses estimates, earnings beat as US sales grow
Starbucks reported a slight revenue miss and earnings beat in its Q4 results. The company's US stores outperformed expectations with 7.7% same-store sales growth, while its international business disappointed. CEO Laxman Narasimhan stated the turnaround plan 'is working'. The company sees annual profit above estimates as turnaround gains traction.
Why it matters
The coffee chain's quarterly results provide insight into the effectiveness of its recovery strategy. Starbucks has been working to improve sales and profitability amid increasing competition and changing consumer preferences. The company's performance in key markets like the US and China will be closely watched by investors.
What is confirmed
- Starbucks US same-store sales grew 7.7% in Q4
- Starbucks reported Q4 2026 earnings of $0.80 per share
- Starbucks revenue was $9.14 billion in Q4 2026
- Starbucks international business disappointed in Q4
What to watch next
- Starbucks fiscal 2027 guidance
- China business performance
- Share buyback resumption impact
confidence 85%Sources used for this update (11)
- CNBC — Starbucks international business disappoints but U.S. stores outperform
- Bloomberg.com — Starbucks US Sales Beat Estimates, Extending Growth Run
- Yahoo Finance — Starbucks posts slight revenue miss, earnings beat in Q4 results as CEO says turnaround plan 'is working'
- Financial Times — Starbucks to resume share buybacks but China shift clouds growth outlook
- Reuters — Starbucks sees annual profit above estimates as turnaround gains traction
- capitaldigest.com — Starbucks Q4 2026: US Sales Beat, Revenue Misses Target
- www.cnbc.com — Starbucks (SBUX) Q4 2026 earnings - CNBC
- finance.yahoo.com — Starbucks posts slight revenue miss, earnings beat in Q4 ...
- www.marketbeat.com — SBUX Stock: Earnings Beat Hides Slowing Traffic as Turnaround ...
- www.marketbeat.com — Starbucks (SBUX) Q4 2026 Earnings Results & Call Transcript
- www.zacks.com — Starbucks Q4 Earnings Beat Estimates on Sales Leverage ...
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