Starbucks Corporation (SBUX) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Starbucks third quarter fiscal year 2026 earnings call. All lines have been placed on mute to prevent any background noise. I will now turn the call over to Catherine Park, Vice President of Investor Relations. Ms. Park, you may now begin your conference. 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 Nickell, Chairman and Chief Executive Officer, and Kathy 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-gap and measured in constant currency. All other metrics referenced on today's call are non-gap. Please refer to the earnings release and our website at investor.starbucks.com to find reconciliations of these non-gap measures to the corresponding gap measures and supplemental financial information. This conference call is being webcast and an archive of the webcast will be available on our website through Friday, September 11th, 2026. And for your calendar planning purposes, please note that our fourth quarter fiscal year 2026 earnings conference call is tentatively scheduled for Thursday, October 29th, 2026. I'll now turn the call over to Brian. Good afternoon, and thanks for joining. Before I begin, ...