Starbucks: Board Approves Further Actions Under 'Back To Starbucks' Strategy On Sept 22, 2026

To Close About 1% Of North America Coffeehouses Expects $300 Mln Restructuring Charges Including $200 Mln Cash Charges To Incur $100 Mln Non-Cash Charges For Coffeehouse Asset Disposal And Impairment Expects Fy2026 Net New Global Coffeehouse Openings Of About 440 Majority Of Starbucks Coffeehouse Closures Expected By End Of FY 2026