Starbucks expected to report strong US sales growth, eyes 2027 guidance amid fading tailwinds

Starbucks is forecasted to deliver strong US sales growth in its upcoming fiscal fourth-quarter report, with UBS predicting a 7.5% increase in North American same-store sales, surpassing consensus estimates. The growth is driven by Starbucks’ "Back to Starbucks" plan, including menu innovation and improved service. However, investors will focus on the 2027 outlook to see if the momentum can be sustained as recent growth drivers like store closures and delivery gains may lessen. UBS expects fiscal 2027 same-store sales growth around 4.6% and operating margins to improve, but notes the risk-reward balance as current shares already reflect much of the recovery.

Starbucks shares trade at USD 99.09 on Pluang as of Oct 21, 2026 02:31 WIB, showing a 1.27% gain in the last day. The stock's market cap stands at $111.57 billion, reflecting significant investor interest even as UBS highlights the risk-reward balance for future growth. This trading activity coincides with expectations of strong US sales momentum and a cautious outlook toward 2027.