Starbucks (NASDAQ: SBUX), a global coffeehouse chain, is preparing to report its second-quarter fiscal 2026 earnings on April 28 after the market closes. The company is known for its coffee, beverages, and food items. It operates in a competitive market with other large coffee and fast-food chains.
Analysts expect Starbucks to report earnings per share (EPS) of around $0.44. This is an increase from the $0.41 per share reported in the same period last year. Revenue is forecast to be between $9.17 billion and $9.23 billion, up from $8.76 billion a year ago, as highlighted by Benzinga.
The company's performance is expected to be driven by its "Back to Starbucks" plan, new menu items, and marketing changes. As highlighted by WSJ, Starbucks is using social media collaborations with figures like MrBeast and Taylor Swift to boost sales. However, Zacks notes that rising coffee costs may present challenges.
From a valuation standpoint, Starbucks trades at a trailing price-to-earnings (P/E) ratio of 80.62. The P/E ratio helps investors understand how the stock price compares to the company's earnings. The company's price-to-sales ratio, which compares the stock price to its revenues, is 2.93.
Looking at its financial health, Starbucks has a negative debt-to-equity ratio of -4.00, which means its liabilities are greater than its shareholder equity. The company has a current ratio of 1.05. This ratio suggests it has enough current assets to cover its short-term liabilities. The company also recently declared a dividend of $0.62 per share.
