{"schema_version":"secwatch.filing_event.v1","accession":"0000829224-26-000088","form_type":"8-K","ticker":"SBUX","cik":"0000829224","company_name":"STARBUCKS CORP","filed_at":"2026-05-15T13:00:15+00:00","discovered_at":"2026-05-15T13:01:00.244091+00:00","generated_at":"2026-05-15T13:01:44.687544+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Starbucks approves $400M restructuring plan; $280M non-cash impairment, $120M cash charges","bullets":["Board approved $400M restructuring charge: $280M non-cash (asset impairment), $120M cash (severance).","Non-cash portion from impairment of long-lived assets, right-of-use assets at Reserve/Roastery and non-retail facilities.","Cash charge of $120M primarily for employee separation benefits as global support organization is streamlined.","Majority of actions expected completed by end of fiscal 2026; charges mostly incurred in FY2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000829224-26-000088","json":"https://secwatch.observer/filing/0000829224-26-000088.json","markdown":"https://secwatch.observer/filing/0000829224-26-000088.md","text":"https://secwatch.observer/filing/0000829224-26-000088.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/829224/000082922426000088/0000829224-26-000088-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/829224/000082922426000088/sbux-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:01:44.687544+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4883c0b536c5c1b21e53b0400670f5f52546771d","claim":"STARBUCKS CORP announced a restructuring with charges of approximately $400 million of restructuring charges affecting domestic and international support organization, non-retail facilities, Starbucks Reserve and Roastery locations.","evidence_excerpt":"Of the approximately $400 million of restructuring charges to be incurred, the Company anticipates that approximately $280 million will be non-cash charges due to impairment of long-lived assets, including right-of-use lease assets, primarily related to reassessment of the asset group associated with its ongoing Starbucks Reserve and Roastery locations and optimizing its non-retail support facility portfolio. The remaining $120 million of restructuring charges will be cash charges primarily related to employee separation benefits due to further optimization of our global support organization.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/829224/000082922426000088/0000829224-26-000088-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $400 million of restructuring charges"},{"label":"Affected area","value":"domestic and international support organization, non-retail facilities, Starbucks Reserve and Roastery locations"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}