SBUX · News · 20260917N

Capital Expenditure Program

STARBUCKS CORP · 2026-09-17 · Importance 64 · Surprise 42 · In source text

Starbucks is investing $1 billion to revamp its North American coffeehouses. The program is intended to upgrade the company’s North American store base while Starbucks evaluates a potential monetization of its Japan business. The $1 billion investment exceeds the materiality threshold and represents a significant capital allocation initiative.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositivecommitted—Starbucks is investing $1 billion to revamp its North American coffeehouses.
cashnegativecommitted—Starbucks is investing $1 billion to revamp its North American coffeehouses.