---
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"
generated_at: "2026-05-15T13:01:44.687544+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Starbucks approves $400M restructuring plan; $280M non-cash impairment, $120M cash charges

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-26-000088
- JSON: https://secwatch.observer/filing/0000829224-26-000088.json
- Plain text: https://secwatch.observer/filing/0000829224-26-000088.txt

## Key facts
- Restructurings & Charges
  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.
  - Type: restructuring
  - Charge: approximately $400 million of restructuring charges
  - Affected area: domestic and international support organization, non-retail facilities, Starbucks Reserve and Roastery locations
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/829224/000082922426000088/0000829224-26-000088-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.