Starbucks Global Same-Store Sales Rise 6.2% on Increased Traffic

Starbucks reported fiscal second-quarter results on April 28, 2026, showing a significant increase in global same-store sales and exceeding analyst expectations for both revenue and earnings.

The company recorded a 6.2% increase in global same-store sales for cafes open at least one year, a figure that outperformed Wall Street’s forecast of 3.7% growth. This result represents a shift from the same period last year, when the company experienced a 1% decline in overall same-store sales growth.

Financial Performance

For the period ended March 29, 2026, Starbucks reported adjusted earnings per share of $0.50, beating the $0.43 estimate and rising from $0.41 in the prior year’s second quarter.

Revenue for the quarter reached $9.53 billion, surpassing the $9.16 billion expected by analysts. Net income attributable to the company was $510 million.

Updated 2026 Outlook

Following the quarterly results, Starbucks raised its full-year outlook for 2026. The company now expects global and U.S. Same-store sales to increase by at least 5%, an increase from its previous projection of 3%.

The forecast for adjusted earnings per share was also raised to a range of $2.25 to $2.45, up from the previous range of $2.15 to $2.40.

This quarter marked a milestone for Starbucks – and the turn in our turnaround

CEO Brian Niccol

Strategic Turnaround and Market Context

CEO Brian Niccol attributed the results to ongoing turnaround efforts. He stated the company intends to focus on sustaining the momentum and making our results repeatable and durable, all while delivering a healthy cost structure that supports profitable growth.

The second-quarter performance follows a first quarter in which Starbucks saw its first same-store sales growth in the United States and North America in two years.

R.J. Hottovy, head of analytical research at Placer.ai, told Yahoo Finance that the results indicate the initiatives implemented by Niccol are taking effect.

The company’s optimistic outlook comes despite broader economic pressures. Brian Niccol noted that while there is a current war between the U.S. And Iran affecting fuel prices, higher gas prices have not yet altered the behavior of Starbucks customers.

Niccol acknowledged that the company’s raised forecast remains cautious relative to the performance seen this quarter.

In response to the earnings beat and guidance increase, Starbucks shares rose approximately 5% in extended trading on April 28, 2026.