Starbucks Reports Fiscal Fourth-Quarter 2026 Results and Announces Share Buyback Plan

Starbucks reported fiscal fourth-quarter 2026 non-GAAP EPS of $0.80, beating the $0.72 analyst consensus, on revenue of $9.14 billion. Global comparable sales rose 7.2%, including 7.7% growth in the U.S., while non-GAAP operating margin increased to 14.0% from 9.4% a year earlier. The company announced a $1 billion share repurchase program and forecast fiscal 2027 non-GAAP EPS of $3.15–$3.25. As part of its turnaround strategy, Starbucks closed about 250 underperforming North American locations in September.