---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-26-000145"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2026-09-24T10:55:27+00:00"
generated_at: "2026-09-24T11:33:17.178925+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Starbucks to close ~1% of North America stores, cut FY2026 openings guidance

## Summary
- Approximately 1% of more than 18,000 North America coffeehouses to close (~250 stores).
- $300M restructuring charges: ~$200M cash (lease exit, severance) and $100M non-cash (impairment).
- FY2026 net new global openings guidance cut to ~440 from prior 600-650.
- Majority of closures expected by end of FY2026; significant charges incurred in fiscal 2026.

## SEC filing metadata
- accession: 0000829224-26-000145
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2026-09-24T10:55:27+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922426000145/0000829224-26-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922426000145/sbux-20260922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-26-000145
- JSON: https://secwatch.observer/filing/0000829224-26-000145.json
- Plain text: https://secwatch.observer/filing/0000829224-26-000145.txt

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