Starbucks Corporation (SBUX) Q3 2026 Earnings Call Transcript

SA Transcripts 161.32K Followers Follow Starbucks Corporation ( SBUX ) Q3 2026 Earnings Call July 29, 2026 4:15 PM EDT Company Participants Catherine Park - Vice President of Investor Relations Brian Niccol - Chairman & CEO Catherine Smith - Executive VP & CFO Conference Call Participants David Tarantino - Robert W. Baird & Co. Incorporated, Research Division David Palmer - Evercore ISI Institutional Equities, Research Division Andrew Charles - TD Cowen, Research Division Sara Senatore - BofA Securities, Research Division Brian Harbour - Morgan Stanley, Research Division Danilo Gargiulo - Bernstein Institutional Services LLC, Research Division Zachary Fadem - Wells Fargo Securities, LLC, Research Division John Ivankoe - JPMorgan Chase & Co, Research Division Karen Holthouse Margaret-May Binshtok - Wolfe Research, LLC Logan Reich - RBC Capital Markets, Research Division Stephen McManus - BNP Paribas, Research Division Presentation Operator Good afternoon, and welcome to Starbucks' Third Quarter Fiscal Year 2026 Earnings Call. [Operator Instructions]. I will now turn the call over to Catherine Park, Vice President of Investor Relations. Ms. Park, you may now begin your conference. Catherine Park Vice President of Investor Relations Good afternoon, and thank you for joining us today to discuss Starbucks' third quarter fiscal year 2026 results. Today's discussion will be led by Brian Niccol, Chairman and Chief Executive Officer; and Cathy Smith, Executive Vice President and Chief Financial Officer. This conference call will include forward-looking statements, which are subject to various risks and uncertainties that could cause our actual results to differ from these statements. Any such statements should be considered in conjunction with cautionary statements in our earnings release and risk factors discussed in our filings with the SEC. Starbucks assumes no obligation to update any of these forward-looking statements or information. Revenue, operating margin and EPS growth metrics referenced on today's call are non-GAAP and measured in constant currency. All other metrics referenced on today's call are non-GAAP. Please refer to the earnings