Starbucks posts 8.8% revenue growth in Q2 2026, showing strong fundamentals despite economic challenges

Starbucks Corporation reported a robust Q2 2026 revenue of $9.53 billion, an 8.8% increase year-over-year, driven by higher average revenue per company-operated store. Despite recent macroeconomic headwinds causing some market caution and selling pressure, Starbucks maintains strong fundamentals and global market leadership. Valuation models suggest the stock is attractively priced with target prices around $109, supporting a buy rating. This resilience highlights Starbucks' ability to grow and expand margins even in challenging economic conditions.