The Zhitong Finance App learned that Starbucks (SBUX.US) announced financial results for the fourth quarter of the 2026 fiscal year after the US stock market on October 29 (early morning of October 30, Beijing time). According to financial reports, Starbucks' Q4 revenue was 9.14 billion US dollars, down about 4% year on year, lower than market expectations of 9.22 billion US dollars. The decline was mainly due to the fact that China's retail business was not consolidated after switching to a joint venture licensing model with Boyu Capital. Earnings were strong, with adjusted earnings of $0.80 per share, up 54% year over year, above analysts' expectations of $0.72.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that Starbucks (SBUX.US) announced financial results for the fourth quarter of the 2026 fiscal year after the US stock market on October 29 (early morning of October 30, Beijing time). According to financial reports, Starbucks' Q4 revenue was 9.14 billion US dollars, down about 4% year on year, lower than market expectations of 9.22 billion US dollars. The decline was mainly due to the fact that China's retail business was not consolidated after switching to a joint venture licensing model with Boyu Capital. Earnings were strong, with adjusted earnings of $0.80 per share, up 54% year over year, above analysts' expectations of $0.72.
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