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Sentiment · FY2026 Q3
As of FY2026 Q2, the Tellvest earnings-call sentiment score for Starbucks (SBUX) is 9/10.
The Starbucks turnaround inflected decisively with US comp accelerating to +7.1% on transaction strength, delivering the first top and bottom line growth in over two years as EPS grew 22% to $0.50. Management raised FY2026 guidance with EPS lifted to $2.25-$2.45 and global comp guidance raised from 3%+ to 5%+, reflecting broad-based momentum. Starbucks Rewards reached a record 35.6 million members and the Green Apron service model drove measurable operational improvement, though input cost headwinds from tariffs and coffee prices persisted.
Scored from Starbucks’s FY2026 Q2 earnings call. The newest quarter is available with Tellvest Pro.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $9.07B | -3.2% | $0.80 | -24.5% | 14.4% | 10.0% | $737M |
| FY2025 Q1 | $9.40B | -0.3% | $0.69 | -23.3% | 11.9% | 8.3% | $1.38B |
| FY2025 Q2 | $8.76B | +2.3% | $0.34 | -50.0% | 6.9% | 4.4% |
| $-297M |
| FY2025 Q3 | $9.46B | +3.8% | $0.49 | -47.3% | 9.9% | 5.9% | $434M |
| FY2025 Q4 | $9.57B | +5.5% | $0.12 | -85.0% | 9.9% | 1.4% | $926M |
| FY2026 Q1 | $9.91B | +5.4% | $0.26 | -62.3% | 9.2% | 3.0% | $1.27B |
| FY2026 Q2 | $9.53B | +8.8% | $0.45 | +32.4% | 8.2% | 5.4% | $92M |
| FY2026 Q3 | $9.32B | -1.4% | $0.91 | +85.7% | 10.5% | 11.2% | — |