Starbucks Corporation (NASDAQ:SBUX) is included among the 10 Best Robinhood Stocks to Buy According to Billionaires.
On May 7, Stifel analyst Chris O’Cull raised the firm’s price recommendation on Starbucks Corporation (NASDAQ:SBUX) to $117 from $115. It reiterated a Buy rating on the shares.
During the company’s fiscal Q2 2026 earnings call, Chairman and CEO Brian Niccol said the quarter marked an important turning point for Starbucks, as the company reported growth in both revenue and earnings for the first time in more than two years. Niccol said positive comparable sales trends continued into April, giving Starbucks enough confidence to raise its fiscal 2026 guidance. The company now expects global comparable sales growth of at least 5% and earnings per share in the range of $2.25 to $2.45. According to Niccol, North America remained Starbucks’ best-performing segment. Comparable sales in both North America and the US accelerated by more than 7%, supported largely by transaction growth of over 4 percentage points.
He also said Starbucks planned to roll out a new app feature in May that would let customers schedule pickup times for their orders. During the quarter, the company also announced a move to weekly pay and introduced a new quarterly rewards program for baristas and shift supervisors, Niccol added.
Executive Vice President, CFO, and Principal Accounting Officer Catherine Smith said consolidated Q2 revenue reached $9.5 billion, up 9% from the same period last year. Smith also noted that starting in Q3, the retail operations of Starbucks China would no longer be consolidated into the company’s financial statements. Instead, they would be included within Starbucks’ broader licensed portfolio.
Starbucks Corporation (NASDAQ:SBUX) is a global roaster, marketer, and retailer of specialty coffee. Its North America business includes operations in the United States and Canada, while its international segment covers China, Japan, Asia Pacific, Europe, the Middle East and Africa, Latin America, and the Caribbean.
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