Earnings To Watch: Starbucks (SBUX) Reports Q1 Results Tomorrow – StockStory

April 27, 2026
Coffeehouse chain Starbucks (NASDAQ:SBUX) will be announcing earnings results this Tuesday afternoon. Here’s what to expect.
Starbucks beat analysts’ revenue expectations last quarter, reporting revenues of $9.92 billion, up 5.5% year on year. It was a strong quarter for the company, with a solid beat of analysts’ same-store sales estimates and an impressive beat of analysts’ revenue estimates.
Is Starbucks a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Starbucks’s revenue to grow 4.3% year on year, improving from the 2.3% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Starbucks has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Starbucks’s peers in the restaurants segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Kura Sushi delivered year-on-year revenue growth of 23.3%, beating analysts’ expectations by 2.5%, and Darden reported revenues up 5.9%, in line with consensus estimates. Kura Sushi traded down 17.8% following the results while Darden was up 1.2%.
Read our full analysis of Kura Sushi’s results here and Darden’s results here.
There has been positive sentiment among investors in the restaurants segment, with share prices up 13.7% on average over the last month. Starbucks is up 14% during the same time and is heading into earnings with an average analyst price target of $101.41 (compared to the current share price of $98.85).
ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention.
AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.
©2026 StockStory
Data sources: actuals and consensus estimates from StockStory, S&P Global Market Intelligence, and Visible Alpha. Market data from Massive.
Provided for general information purposes only and does not constitute investment advice or a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific individual. Information on our investment framework and performance methodology is available here.
Copyright 2026, S&P Global Market Intelligence (and its affiliates as applicable). All rights reserved.

source