Starbucks raises full-year outlook as CEO tells CNBC the chain is winning back customer loyalty
Starbucks elevated its fiscal 2026 adjusted earnings per share outlook to a range of $2.55 to $2.65, compared with the prior guidance of $2.25 to $2.45. The company also increased projections for same-store sales growth, now expecting global increases of nearly 6% and U.S. growth exceeding 6%, up from previous forecasts of at least 5% for both metrics.
The coffee chain reported third-quarter results that surpassed Wall Street expectations. Net income attributable to Starbucks reached $1.05 bill