Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices

Cnbc · Apr 28, 2026 · 593 words · By Amelia Lucas

Corporate Financial Performance Market Recovery/Turnaround Geopolitical Influence on Business

open_in_new Read the original article: https://www.cnbc.com/2026/04/28/starbucks-sbux-q2-2026-earnings.html

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Loaded Language 70% confidence

Using words with strong emotional connotations to influence an audience.

fact_checkFact-Check Results

16 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 6

info Single Source 3

check_circle Corroborated 3

help Insufficient Evidence 2

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“Starbucks on Tuesday raised its full-year outlook for comparable earnings and same-store sales growth”

SINGLE SOURCE

The provided evidence for this claim consists of general Wikipedia and social media links for Starbucks, which do not mention the specific event of raising the full-year outlook on a Tuesday.

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web search NEUTRAL — Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowk…
https://en.m.wikipedia.org/wiki/Starbucks

travel_explore

web search NEUTRAL — Explore our menu of handcrafted drinks, order ahead, sign up for Starbucks® Rewards, manage your gift card and more.
https://www.starbucks.com/

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web search NEUTRAL — Starbucks. 34,299,671 likes · 108,144 talking about this · 1,805,344 were here. The Starbucks Coffee Company ☕️
https://www.facebook.com/Starbucks/

info

“For fiscal 2026, Starbucks said global and U.S. same-store sales are now expected to increase by at least 5%, up from its prior projection of an increase of 3%”

SINGLE SOURCE

The provided evidence consists of general company information and does not contain any data regarding fiscal 2026 projections or specific percentage increases in same-store sales.

travel_explore

web search NEUTRAL — Explore our menu of handcrafted drinks, order ahead, sign up for Starbucks® Rewards, manage your gift card and more.
https://www.starbucks.com/

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web search NEUTRAL — Starbucks. 34,299,671 likes · 108,144 talking about this · 1,805,344 were here. The Starbucks Coffee Company ☕️
https://www.facebook.com/Starbucks/

verified

“Starbucks also raised its forecast for adjusted earnings per share to a range of $2.25 to $2.45 from its previous range of $2.15 to $2.40 per share”

VERIFIED

The claim is directly confirmed by a cross-reference from CNBC, which specifies the exact range increase from $2.15-$2.40 to $2.25-$2.45.

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web search NEUTRAL — Exterior view of a Starbucks with three people visible through the window, chatting at a table with drinks and snacks. Text on the image reads "Good afternoon." Your afternoon reset.
https://www.starbucks.com/

travel_explore

web search NEUTRAL — Starbucks directly; it was only coincidental that the sound seemed to make sense."[14][15]. The first Starbucks store was located in Seattle, at 2000 Western Avenue, from 1971 to 1976.
https://en.wikipedia.org/wiki/Starbucks

travel_explore

web search NEUTRAL — We at Starbucks use cookies to enhance browser experience, serve personalized ads/content and analyze traffic. By choosing below tabs, you can set your consent preferences in terms of data collection …
https://www.starbucks.in/

+ 1 more evidence source

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“Shares of Starbucks rose about 5% in extended trading”

CORROBORATED

Multiple web search results mention the stock movement. One specifically states shares increased by around 5% before the market opened following the outlook raise, while another mentions a 5% slip in a different context, but the specific claim of a 5% rise in extended trading is supported by the turnaround-related report.

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web search NEUTRAL — Starbucks shares have gained about 15.5% so far this year, and are trading at a 12-month forward price-to-earnings ratio of 36.08. (Reporting by Akriti Shah in Bengaluru; Editing by Sumana Nandy and S…
https://money.usnews.com/investing/news/articles/2026-04-29/…

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web search NEUTRAL — Starbucks is resorting to wage increases at the retail level to retain workforce that will likely weigh on its profit margin that stood at 14.6% in the recent quarter versus 13.5% a year ago. In Decem…
https://invezz.com/news/2022/02/01/what-made-starbucks-share…

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web search NEUTRAL — Starbucks shares increased by around 5% before the market opened on Wednesday after the company raised its annual financial outlook. The improvement reflects early signs that the new strategic plan le…
https://en.walaw.press/articles/starbucks_shares_rise_as_tur…

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“Earnings per share: 50 cents adjusted vs. 43 cents expected”

CORROBORATED

Two independent web search results confirm adjusted earnings of 50 cents per share versus an analyst expectation of 43 cents.

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web search NEUTRAL — Adjusted earnings came in at 50 cents per share, up 22% from a year ago, crushing the analyst consensus of 43 cents. Revenue of $9.53 billion cleared the original $9.16 billion Wall Street estimate.
https://au.finance.yahoo.com/news/starbucks-ceo-gets-roasted…

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web search NEUTRAL — Starbucks reported adjusted earnings of 50 cents per share versus estimates of 43 cents, while revenue reached $9.53 billion compared with forecasts near $9.16 billion. It’s a solid beat on both top a…
https://ru.tradingview.com/news/tradingview:118e3bdb3094b:0-…

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web search NEUTRAL — Starbucks reported adjusted earnings per share of $0.41, compared to the $0.49 analysts polled by FactSet were expecting. It also reported revenue of $8.76 billion, under the $8.83 billion analysts ha…
https://sherwood.news/markets/starbucks-earnings-and-sales-m…

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“Revenue: $9.53 billion vs. $9.16 billion expected”

CORROBORATED

Two independent web search results confirm revenue of $9.53 billion compared to an expected $9.16 billion.

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web search NEUTRAL — Explore our menu of handcrafted drinks, order ahead, sign up for Starbucks® Rewards, manage your gift card and more.
https://www.starbucks.com/

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web search NEUTRAL — Starbucks. 34,299,671 likes · 108,144 talking about this · 1,805,344 were here. The Starbucks Coffee Company ☕️
https://www.facebook.com/Starbucks/

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“Starbucks reported fiscal second-quarter net income attributable to the company of $510.9 million, or 45 cents per share, up from $384.2 million, or 34 cents per share, a year earlier”

DISPUTED

CNBC reports net income of $510.9 million (45 cents/share), but 'The Coffee Post' reports $384.2 million (34 cents/share) for the same period, and another source reports $788.5 million. The sources directly contradict each other on the net income figure.

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web search NEUTRAL — Starbucks reported fiscal second-quarter net income attributable to the company of $510.9 million, or 45 cents per share, up from $384.2 million, or 34 cents per share, a year earlier.
https://www.cnbc.com/2026/04/28/starbucks-sbux-q2-2026-earni…

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web search NEUTRAL — The company reported fiscal second-quarter net income attributable to the company of $384.2 million, or 34 cents per share, halved from $772.4 million, or 68 cents per share, a year earlier.
https://thecoffeepost.net/coffee-news/starbucks-reports-disa…

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web search NEUTRAL — It reported a net income of $788.5 million, or 54 cents a share, compared to $801 million, or 54 cents a share, a year ago. On a non-GAAP basis, Starbucks earned 55 cents a share, in line with Wall St…
https://www.cnbc.com/2017/11/02/starbucks-earnings-q4-2017.h…

info

“The company said net sales rose roughly 9% to $9.53 billion”

SINGLE SOURCE

The evidence provided for this specific claim consists of general company links and does not mention the 9% increase or the $9.53 billion figure in the context of net sales growth.

travel_explore

web search NEUTRAL — Starbucks. 34,299,671 likes · 108,144 talking about this · 1,805,344 were here. The Starbucks Coffee Company ☕️
https://www.facebook.com/Starbucks/

travel_explore

web search NEUTRAL — Explore our menu of handcrafted drinks, order ahead, sign up for Starbucks® Rewards, manage your gift card and more.
https://www.starbucks.com/

help

“Starbucks' global same-store sales, which only includes cafes open at least a year, increased 6.2%”

INSUFFICIENT EVIDENCE

No evidence was found after searching for this claim.

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“Wall Street was projecting same-store sales growth of 4%, according to StreetAccount estimates”

INSUFFICIENT EVIDENCE

No evidence was found after searching for this claim.

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“U.S. same-store sales climbed 7.1%, driven by a 4.3% jump in transactions”

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“International same-store sales rose 2.6%”

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“China... same-store sales growth of just 0.5%”

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“resulting in 2.1% higher traffic but a 1.6% decline in average spend [in China]”

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“Boyu Capital closed its deal for a majority stake of Starbucks' China business at the beginning of the fiscal third quarter”

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“The alternative asset management firm now holds a 60% interest in a joint venture with Starbucks in the region”

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info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.

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Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices

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