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Starbucks set to report earnings with expected 6% same-store sales growth amid U.S. turnaround.

Company Fundamentals
29 Oct 2026, 22:30 WIB
CNBC
View Source
Bullish
Starbucks set to report earnings with expected 6% same-store sales growth amid U.S. turnaround.

Starbucks will report its quarterly earnings with analysts expecting earnings per share of 72 cents and revenue of $9.23 billion. The company is projected to post its fifth consecutive quarter of same-store sales growth, driven by improvements in its U.S. cafes. Starbucks is closing about 1% of its North American locations to boost sales performance and expects $300 million in restructuring charges. The earnings report follows Starbucks denying plans to acquire Chipotle, focusing instead on its own turnaround, with the stock up 24% this year to a $119 billion market cap.

Starbucks shares trade at USD 104.88 on Pluang as of Oct 30, 2026 02:42 WIB, up 1.63% in the last day with a market cap of $117.65 billion. The stock is near its 52-week high of $108.55, reflecting continued investor interest ahead of its earnings report. Pluang data shows a majority of order activity at 64% Buy, indicating positive sentiment among platform users.

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