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المشهد العربي
Starbucks lifts profit outlook after Q3 results
Starbucks has raised its earnings forecasts for the 2026 fiscal year after delivering a performance that exceeded expectations in the third quarter. The growth in consumer spending reflected the success of CEO Brian Niccol’s plan to restore operational momentum. Despite a decline in revenue due to divestments in its Chinese market assets, sales at stores open for more than 13 months increased by 7.9%, surpassing previous estimates of 6%. The company now expects adjusted earnings per share to range between $2.55 and $2.65, with an anticipated global same-store sales growth of up to 6%.
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