Starbucks (SBUX) Rises 8.2% on Mixed Q2 Results, Higher Guidance
Starbucks (SBUX) shares rose 8.2% after reporting mixed Q2 2026 results with revenue of $9.53 billion and net income of $510.9 million, both up year-over-year. The company issued full-year guidance of roughly flat revenue and GAAP EPS of $1.73 to $1.93.
Key Numbers
Starbucks Corporation (SBUX) shares jumped 8.2% after the company reported mixed second-quarter fiscal 2026 results, featuring year-over-year revenue and profit growth, alongside an optimistic full-year guidance.
Key Financial Results
| Metric | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $9,531.5M | $8,761.6M | +8.8% |
| Net Income | $510.9M | $384.2M | +33% |
| EPS (not disclosed) | - | - | - |
Note: The company did not disclose actual EPS for Q2.
Highlights from the Statement
Despite quarterly profit improvement, net income for the first six months fell to $804.2 million from $1,165.0 million in the prior-year period, indicating first-half challenges.
Future Guidance
Starbucks issued full-year fiscal 2026 guidance:
- Roughly flat consolidated net revenues
- GAAP diluted EPS of $1.73 to $1.93
Impact on Stock
SBUX shares rose 8.2% in after-hours trading, driven by the higher-than-expected guidance despite mixed quarterly results.
What This Means for Investors
The results show improved quarterly performance, but the decline in first-half net income warrants caution. Positive forward guidance may support the stock in the near term, but investors will watch for sustainable growth.
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