Welcome to our dedicated page for STARBUCKS SEC filings (Ticker: SBUX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Starbucks Corporation filings document material events, operating results, governance matters, and corporate transactions for the Nasdaq-listed coffee company. Recent Form 8-K reports furnish quarterly earnings releases covering comparable store sales, revenue, margins, segment performance, and store portfolio disclosures across the company’s global coffeehouse operations.
The filing record also includes Regulation FD disclosures on the completed China retail joint venture, annual meeting voting results, a definitive proxy statement covering director elections, executive compensation and auditor ratification, and amended officer-transition disclosures. These documents record Starbucks’ governance structure, shareholder voting matters, executive leadership changes, and transaction-related disclosures tied to its international retail operations.
Trillium Asset Management submitted a Rule 14a-103 exempt solicitation urging Starbucks shareholders to vote AGAINST the re-election of Directors Jørgen Vig Knudstorp and Beth Ford at the 2026 annual meeting, citing sustained oversight failures on labor relations.
The letter documents a multi-year unionization campaign involving over 11,000 baristas, cites more than 700 unfair labor practice charges and related NLRB activity, a $38.9 million NYC Fair Workweek settlement, and the Board’s creation then elimination of a labor‑oversight committee. The proponents argue these developments, plus reduced shareholder engagement, justify withholding support for the two directors.
Starbucks Corporation faces an exempt solicitation urging shareholders to vote against the re-election of Directors Jørgen Vig Knudstorp and Beth Ford for alleged sustained oversight failures of labor relations, including a reversal of a board committee created for labor oversight.
The letter cites more than 11,000 baristas unionized with Starbucks, 125 new union wins in 2025, ongoing bargaining stalemates after a stated goal to ratify a first contract in 2024, and a $38.9 million New York City settlement over Fair Workweek violations covering 2021–2024.
Starbucks Corporation faces an exempt solicitation from the New York Comptroller and allied investors urging shareholders to vote against the re-election of Directors Jørgen Vig Knudstorp and Beth Ford at the March 25, 2026 annual meeting for alleged sustained oversight failures of labor relations.
The letter cites the growth of Starbucks Workers United to over 11,000 unionized baristas, 125 additional stores unionizing in 2025, more than 700 unfair labor practice charges in the earliest organizing years, ALJ decisions and an NYC $38.9 million Fair Workweek settlement. It argues the Board created then dissolved a dedicated labor oversight committee (EPCI) and reduced shareholder engagement while bargaining and strike activity have resumed.
Starbucks reported mixed first-quarter fiscal 2026 results. Net revenue rose to $9.9 billion from $9.4 billion, driven by 4% global comparable store sales growth, higher U.S. traffic, international gains, and stronger Global Coffee Alliance and ready‑to‑drink sales.
Profitability weakened sharply. Operating margin fell to 9.0% from 11.9% as labor investments under the “Back to Starbucks” strategy, inflation, restructuring charges of $88.1 million, and higher interest expense weighed on results. Net earnings dropped to $293.3 million from $780.8 million, largely due to a one‑time $266 million tax impact tied to China.
Strategic moves were significant. Starbucks classified its China retail operations as held for sale ahead of a planned joint venture with Boyu Capital, reclassifying $4.7 billion of assets and $1.8 billion of liabilities. The deal is based on an approximately $4 billion enterprise value and is expected to close in early calendar 2026.
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.
Starbucks Corporation is asking shareholders to vote at its virtual 2026 annual meeting on 11 director nominees, a say-on-pay advisory vote, ratification of Deloitte & Touche as auditor for fiscal 2026, and nine shareholder proposals covering governance, board leadership, healthcare coverage, compensation gaps, data tools, and charitable matching policies.
The proxy highlights the “Back to Starbucks” turnaround, with fiscal 2025 consolidated net revenues of $37.2 billion, up 3%, but GAAP operating margin contracting to 7.9% and GAAP EPS falling 51% to $1.63, largely due to restructuring, investments, and inflation. Non-GAAP operating margin was 9.9% and non-GAAP EPS was $2.13, both down year-over-year. The global store count reached 40,990, and U.S. Starbucks Rewards 90-day active members grew to 34.2 million. Starbucks returned $2.8 billion to shareholders through dividends and marked its 15th consecutive annual dividend increase. The board emphasizes its combined chair/CEO structure with a lead independent director and fully independent committees.
Starbucks Corporation (SBUX) Chairman and CEO Brian R. Niccol reported an automatic share withholding related to equity compensation. On 11/19/2025, the company withheld 11,821.856 shares of common stock, coded "F" to indicate shares were retained by the issuer to cover tax withholding obligations upon the vesting of restricted stock units, rather than sold in the open market. The transaction price was $83.68 per share.
After this tax-withholding event, Niccol reported beneficial ownership of 474,470.238 shares of Starbucks common stock held directly. No derivative securities transactions were reported in this filing.
Starbucks Corporation (SBUX) reported insider equity activity for its International CEO, Brady Brewer. On 11/18/2025, the company withheld 4,413.36 shares of common stock at $83.33 per share to cover tax obligations upon the vesting of restricted stock units. On 11/19/2025, it similarly withheld 1,428.012 shares at $83.68 per share for the same purpose.
These transactions are coded as "F," indicating shares withheld by the issuer for tax withholding and not open market sales. After these withholding transactions, Brewer beneficially owned 87,655.135 shares of Starbucks common stock in direct ownership.
Starbucks Corporation executive Form 4 filing reports a routine share withholding by the company’s Executive Vice President and Chief Financial Officer, Cathy R. Smith. On 11/19/2025, Starbucks withheld 1,904.262 shares of common stock at a price of $83.68 per share to cover tax obligations when her restricted stock units vested, which was not an open market transaction. After this transaction, she beneficially owned 65,122.738 shares of Starbucks common stock directly.