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Starbucks Corporation SBUX reported mixed fourth-quarter fiscal 2026 results on Oct. 29, with earnings surpassing the Zacks Consensus Estimate by 9.6%, while revenues missed the same by 1.4%. The company's "Back to Starbucks" efforts supported stronger sales leverage and lower costs, while the shift to a licensed business in China weighed on reported revenues. Digging Deeper Into SBUX's Fiscal Q4 Results Starbucks reported adjusted earnings per share (EPS) of 80 cents, up 54% from the prior-year quarter, while revenues of $9.14 billion declined 4.5% year over year. Global comparable sales increased 7.2%, marking the fifth consecutive quarter of growth. U.S. comparable sales rose 7.7%, supported by a 2.4% increase in transactions and a 5.
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