Starbucks Reports Strong Earnings and Raises Guidance as Turnaround Gains Momentum

Starbucks (SBUX) stock rose over 7% after the company exceeded earnings and revenue expectations and raised its full-year guidance. CEO Brian Niccol attributed the performance to a successful turnaround strategy, with global same-store sales growth of 6.2% in Q2, surpassing forecasts. The company also increased its 2026 earnings per share forecast.

By Brooke DiPalma · Senior Reporter Updated Wed, April 29, 2026 at 5:37 PM GMT+3 4 min read · Yahoo Finance · April 29, 2026, 14:37 UTC

Tickers: $SBUX

Topics: CEO Commentary Earnings Beat Same-Store Sales Growth Starbucks Stock Performance

Read the full article at Yahoo Finance

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