Arrowstreet Capital Cuts Starbucks Position as 2026 Guidance Rises
Arrowstreet Capital reduced its Starbucks holding, selling 466,546 shares and leaving 80,747 shares. Starbucks lifted fiscal 2026 adjusted EPS guidance to $2.55–$2.65 and expects about 6% full-year global comparable-sales growth. Analyst ratings were mixed, and CEO Brady Brewer sold 2,229 shares on July 6.