SBUX · News · 20260917N

Store Count and Expansion

STARBUCKS CORP · 2026-09-17 · Importance 26 · Surprise 24 · In source text

Starbucks plans to open 600–650 new coffeehouses in fiscal 2026. The expansion is focused on international markets and a more capital-efficient licensing model. Starbucks plans to use new store prototypes and disciplined development to pursue additional white-space opportunities. The company expects comparatively modest North American growth for the next few years while facing competition from McDonald’s and Chipotle.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable—Starbucks plans to open 600-650 new coffeehouses in fiscal 2026.
assetspositiveprobable—Starbucks plans to open 600-650 new coffeehouses in fiscal 2026.