Starbucks (SBUX.US) Q4 U.S. business rebounds better than expected, new fiscal year growth guidance slows to 4%

Zhito Finance APP has learned that Starbucks (SBUX.US) released its fiscal 2026 fourth-quarter earnings report after the U.S. market close on October 29 (early morning Beijing time on October 30). The report shows that Starbucks Q4 revenue was $9.14 billion, down about 4% year over year, below the market expectation of $9.22 billion. The decline was mainly because its China retail business was converted to a licensed joint venture model with Boyu Capital and is no longer consolidated. Profitability was strong, with adjusted earnings per share of $0.80, up 54% year over year, above analysts' expectation of $0.72.