Q3
SBUX — Q3 FY2026 Financial Report Analysis
Reported revenue fell 1.4% only because Starbucks deconsolidated its China stores mid-quarter; underlying global comparable sales rose 7.9% led by transactions, while GAAP EPS of $0.91 was inflated by a $0.47 divestiture gain and depressed by a $302.6M restructuring charge.