Starbucks posted earnings that beat analysts’ expectations. However, sales growth in China was disappointing.
The coffee bar chain’s adjusted earnings came in at $1 per share, compared to the 99 cents expected by analysts polled by Refinitiv.
Revenue of $8.1 billion fell a bit shy of the $8.21 billion expected.
U.S. same-store sales rose +22% in the quarter. Customers spent 3% more on transactions on average. The company’s loyalty program had 24.8 million active members, up +28% year-over-year.
International same-store sales increased +3%. In China, Starbucks’ second-largest market, same-store sales fell by -7%.
Looking ahead, the company is projecting its GAAP earnings per share to decrease by -4%. It expects its adjusted earnings per share to rise by at least +10% for fiscal 2022, compared to analysts’ estimate of more than 15% higher than fiscal 2021. According to the company, earnings will be at their lowest point in the fiscal second quarter owing to wage hikes, but profits will reach their peak by the next quarter.
Starbucks has projected global same-store sales in the high single digits and net sales of $32.5 billion to $33 billion, above Wall Street’s estimates of $32.07 billion.
The company plans to add approximately 2,000 net new cafes globally. Roughly three-quarters of those new locations are expected to be located outside of the U.S.
Starbucks announced it would resume its share buyback program during its fiscal first quarter.
The coffee bar chain’s adjusted earnings came in at $1 per share, compared to the 99 cents expected by analysts polled by Refinitiv.
Revenue of $8.1 billion fell a bit shy of the $8.21 billion expected.
U.S. same-store sales rose +22% in the quarter. Customers spent 3% more on transactions on average. The company’s loyalty program had 24.8 million active members, up +28% year-over-year.
International same-store sales increased +3%. In China, Starbucks’ second-largest market, same-store sales fell by -7%.
Looking ahead, the company is projecting its GAAP earnings per share to decrease by -4%. It expects its adjusted earnings per share to rise by at least +10% for fiscal 2022, compared to analysts’ estimate of more than 15% higher than fiscal 2021. According to the company, earnings will be at their lowest point in the fiscal second quarter owing to wage hikes, but profits will reach their peak by the next quarter.
Starbucks has projected global same-store sales in the high single digits and net sales of $32.5 billion to $33 billion, above Wall Street’s estimates of $32.07 billion.
The company plans to add approximately 2,000 net new cafes globally. Roughly three-quarters of those new locations are expected to be located outside of the U.S.
Starbucks announced it would resume its share buyback program during its fiscal first quarter.
SBUX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 20, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 51 instances where the indicator turned negative. In of the 51 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SBUX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SBUX broke above its upper Bollinger Band on August 12, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where SBUX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on August 21, 2026. You may want to consider a long position or call options on SBUX as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SBUX advanced for three days, in of 298 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 187 cases where SBUX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (6.200). P/E Ratio (61.896) is within average values for comparable stocks, (40.478). Projected Growth (PEG Ratio) (1.302) is also within normal values, averaging (1.776). Dividend Yield (0.023) settles around the average of (0.026) among similar stocks. P/S Ratio (3.191) is also within normal values, averaging (2.631).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. SBUX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SBUX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a producer of coffee and tea
Industry Restaurants