Starbucks Reports Q4 Results, Announces $1 Billion Buyback and FY2027 Guidance
Starbucks reported fiscal fourth-quarter non-GAAP EPS of $0.80 on revenue of $9.14 billion. Global comparable sales rose 7.2%, and operating margin expanded to 14.0% from 9.4% a year earlier. The company projected FY2027 non-GAAP EPS of $3.15–$3.25 and said it closed about 250 North American locations in September.
Starbucks Corporation reported fiscal fourth-quarter 2026 non-GAAP earnings per share of $0.80, surpassing the analyst consensus of $0.72, on revenue of $9.14 billion. Global comparable store sales increased by 7.2%, with U.S. comparable sales rising 7.7% driven by higher transaction volume and average ticket size. The company's non-GAAP operating margin expanded to 14.0% from 9.4% in the prior year.
Alongside these results, Starbucks announced a $1 billion share repurchase program and provided fiscal 2027 guidance, projecting non-GAAP EPS between $3.15 and $3.25. Management also noted the closure of approximately 250 underperforming North American locations in September as part of its ongoing 'Back to Starbucks' turnaround and growth strategy.