Starbucks Stock Surges as Earnings Beat Shows Brian Niccol’s Turnaround Is Finally Hitting the Register
Starbucks raised its 2026 outlook after reporting a 6.2% rise in global comparable sales and 9% revenue growth to $9.5 billion for the quarter ended March 29. U.S. comparable sales climbed 7.1%, driven mainly by more customer visits. Shares jumped nearly 6% after hours. The company now expects at least 5% global and U.S. comparable sales growth for the year.