Starbucks reported its fourth-quarter fiscal 2026 financial results on October 29, exceeding analyst estimates for both sales and profits. Despite the positive performance, the company's stock saw a decline during after-hours trading. The report indicates that the company outperformed market expectations for the final quarter of the fiscal year.
The company reported revenue below analysts’ estimates, while its shares fell about 2% after the close as investors awaited fiscal 2027 guidance.
Read the full storyAdjusted earnings per share topped estimates, while revenue fell 4% as Starbucks shifted its China retail operations to a licensed joint venture.