Veytics Intelligence
2026-10-29 · CNBC

Starbucks is about to report earnings. Here's what to expect

Starbucks is set to report its quarterly earnings after the bell on Thursday. Here's what Wall Street is expecting the company to report, based on a survey of analysts by LSEG: Wall Street is also projecting that the coffee giant will report its fifth straight quarter of same-store sales growth, as its U.S. turnaround takes hold. Analysts expect Starbucks to post a same-store sales increase of 6%, fueled by its North American cafes, according to StreetAccount estimates. As its U.S. business improves, Starbucks is closing underperforming locations, which could boost same-store sales numbers. In September, the company announced it would shutter about 1% of its North American footprint, representing about 250 cafes.

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