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Starbucks10-Q: Restructuring

Executing "Back to Starbucks" restructuring, closing 227 stores in H1'26 and cutting support jobs.

What happened

The company is actively restructuring its support organization and store footprint to cut costs, realizing $66M in savings from severance in Q2 alone.

Source

SEC EDGARApr 28, 2026

Quarterly report (Form 10-Q)

Starbucks 10-Q

Filing excerpt

Corporate and Other operating loss decreased 14% to $480 million for the second quarter of fiscal 2026 compared to $558 million for the second quarter of fiscal 2025, primarily due to lower costs associated with restructuring our support organization ($66 million), primarily severance costs, in support of our “Back to Starbucks” strategy.

sec.gov/Archives/edgar/data/829224/000082922426000080/sbux-20260329.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/29
Filed
Apr 28, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$66M (Lower costs in Q2 associated with restructuring support organization (severance))

Details

CIK
829224
Accession number
0000829224-26-000080
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Change management needs
Signal category
Workforce

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
restructuring

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d3bc6d02-a310-4265-bf71-d050d553f813 returns this record as JSON. POST /v1/companies/enrich returns every signal for starbucks.com.

{
  "signal_id": "d3bc6d02-a310-4265-bf71-d050d553f813",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuring",
  "detected_at": "2026-05-05T08:48:21.875+00:00",
  "company": {
    "name": "Starbucks",
    "domain": "starbucks.com"
  },
  "data": {
    "detail": "The company is actively restructuring its support organization and store footprint to cut costs, realizing $66M in savings from severance in Q2 alone. This major operational shift creates opportunities for vendors specializing in process optimization, change management, and new operational software to support a leaner organization.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Lower costs in Q2 associated with restructuring support organization (severance)",
      "dollar_millions": 66
    },
    "summary": "Executing \"Back to Starbucks\" restructuring, closing 227 stores in H1'26 and cutting support jobs.",
    "excerpts": "Corporate and Other operating loss decreased 14% to $480 million for the second quarter of fiscal 2026 compared to $558 million for the second quarter of fiscal 2025, primarily due to lower costs associated with restructuring our support organization ($66 million), primarily severance costs, in support of our “Back to Starbucks” strategy.",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000080/sbux-20260329.htm",
    "filing_date": "2026-04-28",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/29",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce"
  }
}

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