Starbucks Lifts Annual Outlook Following Strong Q2 Sales
Starbucks raised its annual forecast after global sales grew 6.2%. CEO Brian Niccol attributed the growth to faster service and increased store staffing.
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STARBUCKS CORP raised its fiscal 2026 earnings forecast to $2.25-$2.45 per share after beating second-quarter sales and profit estimates. Global same-store sales rose 6.2%, outperforming the 3.7% growth LSEG data shows analysts expected. The results suggest CEO Brian Niccol’s labor investments are successfully reversing a period of declining customer traffic.
