Starbucks — Jul 29, 2026 release

In July, the company published its Global Impact Report, highlighting progress across coffee, partner opportunity, community impact, and environmental initiatives, while advancing several long-term goals and investments that help support the future of coffee, strengthen communities and create lasting positive impact. 5. The Board declared a cash dividend of $0.62 per share, payable on August 28, 2026, to shareholders of record on August 14, 2026. The company had 65 consecutive quarters of dividend payouts with CAGR of 17% over that time period, demonstrating the company's commitment to consistent value creation for shareholders. 4 Fiscal Year 2026 Guidance The company updates its fiscal year 2026 guidance (all growth targets are relative to fiscal year 2025 non-GAAP measures unless specified): • Fourth quarter U.S. comparable store sales growth of 6.5% or greater, leading to: ◦ Full fiscal year 2026 U.S. comparable store sales growth of slightly greater than 6.0%; and ◦ Full fiscal year 2026 global comparable store sales growth nearing 6.0%. • Consolidated net revenues flat to slight growth year over year; • Non-GAAP consolidated operating margin greater than 11.0%; • Non-GAAP earnings per share in the range of $2.55 to $2.65; and • Approximately 600 to 650 net new coffeehouses globally across company-operated and licensed businesses. Please refer to the section entitled "Non-GAAP Disclosure" and the reconciliation of GAAP measures to non-GAAP measures at the end of this release. Certain projected non-GAAP financial measures cannot be reconciled to