Starbucks Posts $677.2M Fourth-Quarter Net Income
SBUX sits 35% above its 52-week low of $77.99.
Summary
Starbucks reported fourth-quarter net income of $677.2M, with EPS of 59c and adjusted EPS of 80c, on revenue of $9.1B, and issued guidance for FY27. The headline profit figure comes with no comparable sales detail, so the result cannot yet be judged against the 7.9% global comps growth and raised full-year guidance from Q3. This lands after a quarter of heavy restructuring news: ~250 North America store closures and a $300M charge announced September 24, plus a $2B cost-cutting program. The net income number alone is the first hard read on whether those cuts are flowing through to profit, and the FY27 outlook now sets the direction.
At the time of this announcement, SBUX was trading at $105.51 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $120.3B. The 52-week trading range was $77.99 to $110.51. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.