The Zhitong Finance App learned that Starbucks (SBUX.US) announced financial results for the fourth quarter of the 2026 fiscal year after the US stock market on October 29 (Thursday). According to financial reports, Starbucks' Q4 revenue was 9.14 billion US dollars, down about 4% year on year, lower than market expectations of 9.22 billion US dollars. The decline was mainly due to the fact that China's retail business was not consolidated after switching to a joint venture licensing model with Boyu Capital. The profit side showed strong performance, with net profit of US$677 million, a sharp increase of more than four times the previous year, partly reflecting a decrease in restructuring and impairment expenses; adjusted earnings per share of $0.80, up 54% year over year, higher than analysts' expectations of $0.72.

The Zhitong Finance App learned that Starbucks (SBUX.US) announced financial results for the fourth quarter of the 2026 fiscal year after the US stock market on October 29 (Thursday). According to financial reports, Starbucks' Q4 revenue was 9.14 billion US dollars, down about 4% year on year, lower than market expectations of 9.22 billion US dollars. The decline was mainly due to the fact that China's retail business was not consolidated after switching to a joint venture licensing model with Boyu Capital. The profit side showed strong performance, with net profit of US$677 million, a sharp increase of more than four times the previous year, partly reflecting a decrease in restructuring and impairment expenses; adjusted earnings per share of $0.80, up 54% year over year, higher than analysts' expectations of $0.72.