{"symbol":"SBUX","fiscalQuarter":"Q3-2026","reportDate":"2026-07-28","reportTime":"AMC","status":"upcoming","company":{"name":"Starbucks Corporation","sector":"Consumer Discretionary","industry":"Restaurants"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/SBUX/earnings/Q3-2026","preBrief":{"companySnapshot":"Starbucks Corporation (SBUX) is a leading coffeehouse chain known for its specialty coffee and beverages. Operating in the consumer discretionary sector, it plays a significant role in the restaurant industry, benefiting from trends in consumer spending and the growing demand for premium coffee experiences.","keyMetrics":[{"name":"Same-Store Sales Growth","why":"This metric indicates how well existing stores are performing and is crucial for assessing customer demand.","consensus":"5.5%"},{"name":"Total Revenue","why":"Total revenue reflects the overall sales performance and is a key indicator of the company's growth trajectory.","consensus":"$8.5 billion"},{"name":"Earnings Per Share (EPS)","why":"EPS is a critical measure of profitability and impacts investor sentiment and stock valuation.","consensus":"$0.52"}],"lastQuarterRecap":{"summary":"In Q2 2026, Starbucks reported an EPS of $0.50, surpassing estimates by 14.16%. However, the stock saw a slight decline the following day, indicating mixed investor sentiment.","promises":["Focus on expanding digital sales channels.","Commitment to sustainability initiatives.","Plans to enhance customer loyalty programs."]},"wallStreetExpectations":{"summary":"Overall, Wall Street has mixed expectations for Starbucks' upcoming earnings report. Investors are keen to see if the company can maintain its growth momentum amidst rising costs and competition.","bullCase":"The optimistic view hinges on strong same-store sales growth and effective cost management, which could lead to better-than-expected earnings and revenue.","bearCase":"On the flip side, if the company reports weaker sales or higher costs, it could raise concerns about its ability to sustain profitability in a competitive market."},"optionsSignal":{"impliedMove":"14.84%","context":"The options market is pricing in a significant potential move, suggesting that investors are anticipating volatility around the earnings report."},"earningsTrackRecord":[{"quarter":"Q2-2026","epsSurprise":"+14.16%","reaction":"-0.62%"},{"quarter":"Q1-2026","epsSurprise":"-2.95%","reaction":"-0.59%"},{"quarter":"Q4-2025","epsSurprise":"-5.63%","reaction":"-1.47%"},{"quarter":"Q3-2025","epsSurprise":"-26.25%","reaction":"-0.76%"},{"quarter":"Q2-2025","epsSurprise":"-15.98%","reaction":"+1.13%"}],"pivotalQuestions":[{"question":"Will same-store sales growth meet or exceed the expected 5.5%?","whyItMatters":"This figure is crucial for assessing ongoing consumer demand and could significantly influence market sentiment."},{"question":"How will management address rising costs and their impact on profitability?","whyItMatters":"Investors will be looking for clarity on cost management strategies, especially in light of inflationary pressures."}],"thesisBreakLevels":{"bullTrigger":"Achieving same-store sales growth of 6% or higher would confirm strong consumer demand and operational efficiency.","bearTrigger":"If same-store sales growth falls below 4%, it would raise concerns about the company's competitive position.","context":"This quarter's performance will be closely tied to consumer spending trends and the company's ability to navigate cost challenges."},"scenarioPlaybook":{"beatAndRaise":"If Starbucks beats expectations, history suggests the stock could rise by around 1.13%, confirming strong operational performance.","inLineCautious":"If results are in line but management provides cautious guidance, the stock may experience muted movement as investors digest the commentary.","miss":"Should the company miss expectations, history indicates a potential decline of about 0.14%, reflecting disappointment in growth prospects."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating the impact of Starbucks' digital sales initiatives, which could drive higher same-store sales than expected.","supportingPoints":["Recent investments in digital channels have shown promising early results.","The company's loyalty program enhancements could lead to increased customer retention.","Options pricing suggests a significant move, indicating that investors are bracing for surprises."],"riskToConsensus":"If same-store sales growth exceeds 6%, it could challenge the current cautious consensus."},"whatToListenFor":["Any updates on digital sales growth and its impact on overall revenue.","Details on cost management strategies and their effectiveness.","Insights into customer loyalty program performance.","Comments on competitive pressures in the coffee market.","Management's outlook on future growth amid economic conditions."],"metaDescription":"Starbucks (SBUX) reports Q3 2026 earnings July 28. Analysts expect $0.52 EPS and 5.5% same-store sales growth. Here's what to watch."}}