Starbucks shares jump in post market as company raises forecasts and reports a strong quarter
- Posted on April 28, 2026
- By The Globe and Mail
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- 1 min read
In brief
Starbucks demonstrated robust financial performance in its latest quarterly earnings, prompting a significant surge in post-market trading. The coffee giant has revised its growth projections upward, now anticipating a 5% increase in global same-store sales for fiscal 2026, substantially outpacing its previous conservative guidance of 3% or higher. This upgraded forecast reflects strengthened consumer demand and operational improvements across the company's international and domestic markets.
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Starbucks shares jump in post market as company raises forecasts and reports a strong quarter
It forecast fiscal 2026 global same-store sales to increase 5%, above its prior estimates of a 3% rise or higher
