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Starbucks Corp 8-K Filings

SBUX NASDAQ

Every 8-K that Starbucks Corp (SBUX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow SBUX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SBUX filings page.

Rhea-AI Summary

Starbucks Corporation reported Q3 FY2026 results for the quarter ended June 28, 2026. Global comparable store sales rose 7.9%, driven by a 4.2% increase in transactions and a 3.5% higher average ticket, with North America comps up 8.1% and International up 5.7%.

Consolidated net revenues decreased 1% to $9.3 billion, reflecting the conversion of Starbucks China retail operations into a licensed joint venture. GAAP operating margin expanded to 10.5%, while non-GAAP operating margin increased to 14.4%. GAAP diluted EPS was $0.91, up 86% year-over-year; non-GAAP EPS was $0.85, up 70%.

The company used part of the China sale proceeds to repurchase approximately $1.3 billion of outstanding notes, reducing long-term debt to $11.8 billion. Starbucks declared a quarterly dividend of $0.62 per share and updated FY2026 guidance, targeting non-GAAP EPS of $2.55–$2.65 and about 600–650 net new coffeehouses globally.

Rhea-AI Summary

Starbucks Corporation named Val Bauduin, 50, as its principal accounting officer, effective June 11, 2026. He remains senior vice president of Corporate Finance and Development and continues to report to executive vice president and chief financial officer Cathy Smith, who continues as the company’s principal financial officer.

Bauduin joined Starbucks in 2024, held senior finance roles in North America and corporate development, and briefly served as interim chief financial officer in March 2025. Previously, he spent a decade in leadership roles at Marriott International, including controller, chief accounting officer, and CFO of consumer operations, technology, and emerging businesses.

The company states there are no disclosable family relationships or related-party transactions involving Bauduin, and his compensation is unchanged by this designation. He will continue to participate in Starbucks’ standard compensation and benefit programs for similarly situated officers.

Rhea-AI Summary

Starbucks Corporation completed the settlement of its previously announced cash tender offers for several series of its outstanding senior notes. The company purchased and canceled portions of multiple issues, including 4.800% Senior Notes due 2030, 4.500% Senior Notes due 2028, 4.500% Senior Notes due 2048, 5.400% Senior Notes due 2035 and 5.000% Senior Notes due 2034. For example, it accepted for purchase $321,824,000 principal of 4.800% Notes due 2030, leaving $178,176,000 outstanding, and $410,249,000 principal of 5.400% Notes due 2035, leaving $89,751,000 outstanding. Starbucks elected to settle on the Early Settlement Date under its Offer to Purchase and does not intend to buy additional notes in these tender offers. Certain series, including its 4.000% Notes due 2028, 4.900% Notes due 2031 and 4.800% Notes due 2033, were not purchased and remain at prior principal amounts.

Rhea-AI Summary

Starbucks Corporation announced a restructuring plan tied to its “Back to Starbucks” strategy, aiming to streamline support functions and simplify operations at Starbucks Reserve and Roastery locations. This is part of broader efforts to enhance customer experience and pursue $2 billion in cost savings initiatives.

The company expects to record approximately $400 million in restructuring charges, with about $280 million as non-cash impairments of long-lived and right-of-use lease assets, and about $120 million as cash charges mainly for employee separation benefits. Most actions are expected to be completed by the end of the current fiscal year, with a significant portion of charges incurred in fiscal 2026.

Rhea-AI Summary

Starbucks Corporation reported solid growth for its fiscal Q2 2026, showing clear progress in its “Back to Starbucks” turnaround plan. Consolidated net revenues rose 9% to $9.5 billion, driven by a 6.2% increase in global comparable store sales from higher transactions and average ticket.

GAAP earnings per share were $0.45, up 32% year over year, while non-GAAP EPS grew 22% to $0.50. GAAP operating margin expanded 180 basis points to 8.7%, and non-GAAP operating margin improved to 9.4%. The company ended the quarter with 41,129 stores worldwide.

North America comparable store sales increased 7.1%, though segment margin compressed to 9.9% due to labor investments, product mix, and inflation. International net revenues grew 10%, with operating margin jumping to 19.4% as China retail assets were classified as held for sale. Channel Development revenue grew 39% to $567.8 million.

Starbucks raised its fiscal 2026 outlook, now targeting global and U.S. comparable store sales growth of at least 5%, roughly flat consolidated net revenues, slightly higher non-GAAP operating margin, and non-GAAP EPS between $2.25 and $2.45, alongside 600 to 650 net new coffeehouses globally.

Rhea-AI Summary

Starbucks Corporation has completed its previously announced joint venture with Boyu Capital for its China retail operations. Funds managed by Boyu Capital now hold a 60 percent stake in Starbucks China retail, while Starbucks retains a 40 percent ownership interest and continues to own and license the Starbucks brand and intellectual property to the venture.

The joint venture currently oversees approximately 8,000 company-operated coffeehouses in China, which will move to a licensed operating model, with a long-term aspiration to reach as many as 20,000 locations. Starbucks describes China as one of its most important global markets and sees the partnership as a way to expand its footprint, deepen local relevance, and enhance profitability over time.

Rhea-AI Summary

Starbucks Corporation reported the results of its 2026 Annual Meeting of Shareholders. All eleven director nominees were elected, each receiving several hundred million votes in favor, with substantial broker non-votes recorded on the director slate.

Shareholders approved on an advisory basis the compensation of named executive officers and ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending September 27, 2026. Investors also approved a shareholder proposal to replace supermajority voting requirements with majority voting requirements. Several other shareholder proposals, including those seeking an independent board chair and various policy and reporting changes on healthcare, compensation gaps, diagnostic tools, and charitable programs, did not receive shareholder approval.

Rhea-AI Summary

Starbucks Corporation filed a current report to share that it issued a press release on January 28, 2026 announcing its financial results for the quarter ended December 28, 2025.

The press release is provided as Exhibit 99.1, and the report is signed by executive vice president and chief financial officer Cathy R. Smith. This update formally makes the latest quarterly results available to investors and the market through an official company communication.

Rhea-AI Summary

Starbucks Corporation filed an amended report to update details about a previously reported leadership change in its legal department. The company had indicated that Brad Lerman would no longer serve as executive vice president and chief legal officer once a successor was identified. This amendment specifies that Mr. Lerman ceased serving as evp, chief legal officer effective as of the close of business on November 14, 2025. He will remain with Starbucks in an advisory capacity during a transition period to help ensure an orderly handover of responsibilities.

Rhea-AI Summary

Starbucks announced a plan to form a joint venture with Boyu Capital, under which Boyu will acquire up to a 60% interest in Starbucks’ retail operations in China. Starbucks will retain a 40% interest and continue as the owner and licensor of the Starbucks global brand.

Starbucks expects the total value of its China retail business to exceed $13 billion. That figure reflects three components: proceeds from the sale of a controlling interest in the joint venture to Boyu Capital, the value of Starbucks’ retained interest in the joint venture, and the net present value of ongoing licensing economics payable to Starbucks over the next decade or more.

Rhea-AI Summary

Starbucks Corporation filed an 8-K announcing it issued a press release with financial results for the quarter ended September 28, 2025. The press release is attached as Exhibit 99.1.

The filing identifies Starbucks’ common stock (SBUX) listed on the Nasdaq Global Select Market. This is a routine disclosure to furnish quarterly results via an accompanying press release.

Rhea-AI Summary

Starbucks announced a company-wide restructuring under its "Back to Starbucks" strategy to revitalize coffeehouses and shift investment toward store-level operations. The Board approved closing coffeehouses that cannot deliver the brand experience or show a clear path to financial performance and is transforming its support organization. The company expects most store closures to be completed by the end of the fiscal year and estimates approximately $1 billion of restructuring costs, with 90% attributable to North America. Management expects about $400 million of non-cash asset impairment and disposal charges and roughly $600 million of cash expenditures, including employee separation and lease exit costs, with a significant portion incurred in fiscal 2025.

Rhea-AI Summary

Starbucks (Nasdaq:SBUX) filed an 8-K on June 26 2025 announcing that its Board of Directors enlarged its size from nine to 11 and immediately appointed Marissa Mayer and Dambisa F. Moyo as directors effective June 25 2025.

Both will receive a prorated share of the standard non-employee director pay; committee assignments will be determined later. The filing confirms no related-party transactions, family ties, or special arrangements connected to the appointments.

The move refreshes board expertise with technology, consumer-digital and macro-economic perspectives that could strengthen long-term oversight, although no operational or financial guidance was changed.