STARBUCKS CORP (SBUX): restructuring charge — Starbucks approves $1B restructuring; 900 job cuts and store closures planned

STARBUCKS CORP

Board approved plan on Sept 23, 2025; total charges ~$1B, 90% in North America.
Approximately 900 non-retail partner roles eliminated; severance and support offered.
Company-operated store count in NA to decline ~1% net in FY2025, ending ~18,300 total locations.
Charge breakdown: $150M employee separation, $400M asset impairment/disposal, $450M lease costs.

item 2.05 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

STARBUCKS CORP announced a restructuring with charges of approximately $1 billion affecting North America business.

Type: restructuring
Charge: approximately $1 billion
Affected area: North America business

Exact text from the filing

organization. The Company expects that a majority of the store closures will be completed by the end of this fiscal year. The Company estimates that it will incur approximately $1 billion related to the store closures, support organization transformation, and other restructuring activities, with 90% of the expenses attributable to the North America business. The

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6 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

STARBUCKS CORP filing history →

Source: SEC EDGAR

accession 0000829224-25-000067

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