SBUX · 10-K · 2026A · Full report
Capital Expenditure Program
STARBUCKS CORP · 2026-11-12 · Importance 51 · Surprise 56 · Matches filing data
Capital expenditures were $1.3 billion in fiscal 2026, down from $2.3 billion in fiscal 2025. The $1.0 billion year-over-year reduction was driven by lower retail coffeehouse investments and renovations in North America and China. Fiscal 2027 cash requirements are expected to include capital expenditures for new and existing coffeehouses, the supply chain, and corporate facilities. The company’s $3.0 billion revolving credit facility is available to fund capital expenditures and other general corporate purposes.
Key facts
- Starbucks capital expenditures were $1.3 billion in fiscal 2026 and $2.3 billion in fiscal 2025. source
- Starbucks expects fiscal 2027 capital expenditures to be higher than fiscal 2026, primarily for its new and existing coffeehouses, supply chain, and corporate facilities. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +3.5% | Starbucks capital expenditures were $1.3 billion in fiscal 2026 and $2.3 billion in fiscal 2025. |