Starbucks stock slips 0.51% premarket to EUR 92.81 in Berlin
Published on 11/04/2026 at 08:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFiscal 2027 starts with momentum
- Global comparable coffeehouse sales rose 7.2 percent in fiscal fourth quarter 2026.
- Non-GAAP operating margin increased to 14.0 percent, while reported revenue fell 4.5 percent.
- Starbucks expects North America comparable sales growth of about 4.0 percent in fiscal 2027.
Starbucks stock traded at EUR 92.81 on Lang & Schwarz at 08:32 CET on Wednesday, November 4, 2026, 0.51 percent below the Xetra close of Tuesday.
The company reported global comparable coffeehouse sales growth of 7.2 percent for the fiscal fourth quarter ended September 27, 2026. North America comparable sales increased 7.9 percent, supported by higher average tickets and more transactions, according to the Starbucks financial release.
Reported quarterly revenue declined 4.5 percent to USD 9.1 billion, primarily because Starbucks shifted its China retail operations to a licensed joint venture model. GAAP operating margin rose to 10.8 percent, while the company reported a 14.0 percent non-GAAP margin. Non-GAAP earnings per share reached USD 0.80, up 54 percent year over year.
Fiscal 2027 guidance sets focus
Starbucks expects fiscal 2027 consolidated revenue to decline about 1 percent, including the effect of a 53rd week and the China transition. Management targets approximately 4.0 percent North America comparable coffeehouse sales growth, a non-GAAP operating margin of 13.5 to 14.0 percent and non-GAAP earnings per share of USD 3.15 to USD 3.25. The company also expects about 1,200 net new coffeehouses globally.
For investors, North American traffic, margin expansion and the effect of the China restructuring remain key indicators for the turnaround plan.
The S&P 500 is the relevant US market benchmark for Starbucks investors.
More news and analyses on Starbucks stock cover the company turnaround and its fiscal 2027 targets. The real-time quote of Starbucks stock provides the latest market view.
