SBUX · News · 20260923N

Capital Expenditure Program

STARBUCKS CORP · 2026-09-23 · Importance 64 · Surprise 42 · In source text

Starbucks plans to invest approximately $1 billion to remodel as many as 9,000 North American cafes. The upgrades are intended to improve customer service, seating, store interiors, customer loyalty, and store productivity. The program represents a material capital allocation commitment relative to the company’s $9.323 billion revenue materiality benchmark.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted—Starbucks earlier announced a $100 million investment in a new Nashville corporate office.
assetspositivecommitted—Starbucks earlier announced a $100 million investment in a new Nashville corporate office.