Earnings ·
Starbucks reports Q4 non-GAAP EPS of $0.80, up 54%, on 7.2% comp sales growth
SBUXStarbucks Corp
Starbucks reported fiscal fourth-quarter results with global comparable coffeehouse sales increasing 7.2%, driven by a 5.2% rise in average ticket and a 1.8% increase in transactions. Consolidated net revenues decreased 4% to $9.1 billion, primarily due to the conversion of retail operations in China to a licensed joint venture model. Non-GAAP earnings per share reached $0.80, up 54% year-over-year, while GAAP operating margin expanded 790 basis points to 10.8%. The company also announced a quarterly cash dividend of $0.63 per share and provided fiscal 2027 guidance targeting non-GAAP EPS between $3.15 and $3.25. Starbucks operates the world's largest network of coffeehouses, specializing in premium roasted coffee and related products.