Starbucks stock jumps as coffee giant raises full-year outlook

A Starbucks logo is displayed on a sign at a Target store in Washington, July 22, 2026.Kevin Carter | Getty ImagesStarbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth.For fiscal 2026, Starbucks now expects adjusted earnings per share in a range of $2.55 to $2.65, up from its prior outlook of $2.25 to $2.45 per share.It now also projects global same-store sales will rise nearly 6% and U.S. same-store sales will climb more than 6%; the company was previously forecasting global and U.S. same-store sales growth of at least 5%. "This was the quarter our momentum became truly measurable," CEO Brian Niccol said in a video shared with the company's earnings press release.The coffee giant also reported quarterly earnings and revenue that topped analysts' expectations.Shares of the company jumped as much as 9% in extended trading. Here's what the company reported for the quarter ended June 28 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 85 cents adjusted vs. 66 cents expected Revenue: $9.32 billion vs. $9.16 billion expectedThe coffee giant reported fiscal third-q...