# Starbucks Corporation (SBUX) — Q3-2021 Earnings Results

**Report date:** 2021-07-27 (after market close)  
**Sector:** Consumer Discretionary / Restaurants  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/SBUX/earnings/Q3-2021

## Post-Earnings Brief

### Headline

Starbucks Beats on EPS, Stock Down 0.02%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.01 | N/A | +31.00% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management expressed cautious optimism about the recovery in customer traffic. They acknowledged supply chain challenges but are focused on addressing these issues.

**Key quotes:**

> Management highlighted strong customer demand as a positive sign for future growth.

> They noted ongoing challenges with supply chain disruptions but remain focused on recovery.

> The team emphasized their commitment to enhancing customer experience.

### Guidance Changes

No guidance updates were provided during the earnings call.

### What It Means

Starbucks reported a strong earnings per share, beating expectations significantly. However, the stock reacted slightly down, which may reflect broader market conditions or investor caution. The lack of revenue data and guidance may have contributed to the muted stock performance.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/SBUX/earnings/Q3-2021_