Starbucks Corporation
Shortcut
0.71Normalized diluted EPS
+0.5% vs Street
Street
0.71Normalized diluted EPS
October 25 consensus snapshot
Real
0.80Starbucks issuer non-GAAP diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Latest guidance (2026-07-29): FY26 non-GAAP EPS $2.55-2.65 less $1.91 YTD implies 4Q26 $0.64-0.74 (mid $0.69); 3Q26 $0.85 was flattered by one-off IEEPA tariff refunds and a tax catch-up, which do not recur.
Top line: NA comp 7.2% (issuer guide US >=6.5% with a "strong start"; Morgan Stanley tracking ~7%, UBS 7.5%; Placer.ai PSL-day visits +6.7% Y/Y) drives revenue $9.28bn, +0.5% vs consensus despite ~$770m China JV deconsolidation.
Margin: non-GAAP operating margin 12.6% (+320bp Y/Y) as Green Apron labor is lapped from August, coffee inflation becomes immaterial and tariffs no longer apply; NA non-GAAP margin 14.4%.
On the record.
- Reporting period
- Q4 FY2026 (FQ4 2026 - Sep 2026)
- Reporting basis
- Starbucks issuer non-GAAP normalized diluted EPS, USD per common share
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 26, 2026 at 5:20 PM PDT
- Reviewed revision completed
- Oct 26, 2026 at 5:20 PM PDT
- First published
- Oct 26, 2026 at 8:36 PM PDT
Result basis
The issuer reports non-GAAP diluted EPS 0.80 versus GAAP 0.59 for the 13-week fiscalQ4 endedSeptember 27. The quarterly reconciliation includes restructuring/transformation and China transaction adjustments plus tax effects. The frozen forecast metadata and full-precision 0.7137202305328748 are unchanged. The corresponding prior-year fiscal-quarter issuer adjusted comparative 0.52 matches the frozen normalized history. This does not certify exhaustive item-level vendor equivalence.