Starbucks

SBUX

Market cap $124B

SBUX and MCD are strengthening customer engagement through loyalty, value offerings and operational improvements as they compete for growth.

SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2026 financial results after market close on Wednesday, July 29, 2026, with a conference call to follow at 1:15 p.m. Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company's website at https://investor.starbucks.com/. A replay of the webcast will be available on the company's website until the end of day, Friday, September 11,.

At $268, McDonald's (NYSE:MCD | MCD Price Prediction) screens as more attractive on valuation, while at $106, Starbucks (NASDAQ:SBUX) looks fully priced.

In the latest trading session, Starbucks (SBUX) closed at $106.17, marking a -1.09% move from the previous day.

SBUX's Channel Development revenues jump 39% YoY in Q2, adding momentum beyond company-operated stores through packaged coffee and ready-to-drink products.

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Starbucks spends about $400 million annually on software and is developing AI-powered tools to replace systems from Microsoft and IBM. When in-house AI experiments disappoint, companies may turn to specialists like Toast that offer built-in support and maintenance.

Starbucks (SBUX) delivered Q2 revenue of $9.53B and 22% YoY EPS growth, confirming its turnaround and justifying a bullish outlook. SBUX raised FY2026 guidance, with global comps up 6.2%, margin expansion, and a robust 15-year dividend growth track record supporting its investment case. Operational improvements, a $2B cost savings program leveraging AI, and international expansion—especially in India and China—are key forward growth drivers.

Enterprise technology has long operated as a toll bridge for modern businesses. Software providers charge recurring licensing fees based on user counts and consumption, creating a permanent liability on corporate balance sheets.

Bloomberg Restaurants Reporter Daniela Sirtori joined Bloomberg's Paul Sweeney and Jess Menton to elaborate on her story, Starbucks Taps AI to Cut Reliance on Microsoft, IBM Software. Starbucks Corp. is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft Corp. and International Business Machines Corp. The coffee chain is building alternatives to a Microsoft system that tracks inventory and an IBM tool that manages maintenance, according to an internal presentation reviewed by Bloomberg News.