SBUX · 8-K · 20260729PR000129

Restructuring Charges

STARBUCKS CORP · 2026-07-29 · Importance 75 · Surprise 82

Q3 restructuring and impairment expense increased to $302.6 million from $20.8 million in the prior-year quarter. The company identified $174.3 million of North America costs, $41.1 million of International costs, and $87.4 million of Corporate and Other costs. The costs included restructuring efforts, employee severance, and write-downs of certain company-operated assets. For fiscal 2026, Starbucks projected $0.48 per share of restructuring and impairment costs in its non-GAAP EPS reconciliation.

Key facts

• Consolidated Q3 restructuring and impairments expense was $302.6 million. source