SBUX · Earnings call · 2026Q3T · Full report
Income Tax Rate Changes
STARBUCKS CORP · 2026-10-29 · Importance 9 · Surprise 6 · In source text
Starbucks' effective tax rate was 24.7% in Q4 fiscal 2026, in line with management's expectations. For fiscal 2027, the company expects its effective tax rate to be roughly in line with or slightly below fiscal 2026. Management did not quantify a separate dollar impact from the expected tax-rate change.
Key facts
- Starbucks expects its effective tax rate in FY2027 to be roughly in line with or slightly below FY2026.
- Starbucks' effective tax rate was 24.7% in Q4 FY2026.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | committed | — | Starbucks expects its effective tax rate in FY2027 to be roughly in line with or slightly below FY2026. |