Starbucks (SBUX) Misses Q1 Earnings Estimates

Earnings Performance - Starbucks reported quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.58 per share, and down from $0.69 per share a year ago, representing an earnings surprise of -2.90% [1] - The company posted revenues of $9.92 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.82%, compared to year-ago revenues of $9.4 billion [2] Stock Performance and Outlook - Starbucks shares have increased by approximately 13.7% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $9.03 billion, and for the current fiscal year, it is $2.34 on revenues of $38.33 billion [7] Industry Context - The Retail - Restaurants industry, to which Starbucks belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, indicating potential challenges ahead [8] - Another company in the same industry, Shake Shack, is expected to report quarterly earnings of $0.36 per share, reflecting a year-over-year change of +38.5% [9]