Starbucks pares gains after upbeat annual global sales forecast

Shares of U.S. coffee chain Starbucks SBUX.O pare gains, last up about 1% at $96.81

SBUX records first sales growth in U.S. in two years; however, investors are still concerned about sinking margins that have not risen for two straight years

Co posts 4% rise in quarterly global comparable sales, compared with estimates of 2.25% - data compiled by LSEG

Reposts adjusted EPS of 56 cents vs estimates of 58 cents

Co reinstates full-year targets ahead of investor day

Expects FY26 global same-store sales to grow 3% or higher, compared with estimates of a 2.94% rise

Also sees annual adjusted EPS between $2.15 and $2.40, below mid-point of analysts' estimates of $2.35

SBUX was down ~8% in 2025