Month: July 2026

Starbucks stock jumps

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‼️ BREAKING: Starbucks stock jumps as coffee giant raises full-year outlook. For fiscal 2026, Starbucks now expects adjusted earnings per share in a range of $2.55 to $2.65, up from its prior outlook of $2.25 to $2.45 per share. It now also projects global same-store sales will rise nearly 6% and U.S. same-store sales will climb more than 6%. Earnings per share: 85 cents adjusted vs. 66 cents expected. Revenue: $9.32 billion vs. $9.16 billion expected