Starbucks (SBUX) Q2 Earnings Preview: EPS 43 Cents, Revenue $9.16B

AI Summary

Starbucks (SBUX) is set to report its fiscal second-quarter earnings, with analysts projecting earnings per share of 43 cents and revenue of $9.16 billion. Last quarter, the company experienced traffic growth for the first time in two years, signaling a potential turnaround under CEO Brian Niccol. For fiscal 2026, Starbucks anticipates adjusted earnings per share between $2.15 and $2.40, along with at least 3% same-store sales growth. Despite a 15% increase in its stock over the past 12 months, it has underperformed relative to the S&P 500, which saw approximately 29% gains.