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Starbucks10-Q: Cost reduction

Reducing capital expenditures by $685.7M YTD, cutting new store and renovation spend.

What happened

Starbucks significantly decreased its capital expenditures by $685.7 million in the first half of the fiscal year, driven by reduced spending on new stores and renovations in North America.

Source

SEC EDGARApr 28, 2026

Quarterly report (Form 10-Q)

Starbucks 10-Q

Filing excerpt

Cash used in investing activities totaled $653.3 million for the first two quarters of fiscal 2026, compared to $1.5 billion for the same period in fiscal 2025. The change was primarily due to a net decrease in capital expenditures of $685.7 million, driven by a reduction in new store investments and retail renovations in North America and global non-retail facilities spend...

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: Cost reduction

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

Fiscal year end
03/29
Filed
Apr 28, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$686M (Net decrease in capital expenditures year-to-date)

Details

CIK
829224
Accession number
0000829224-26-000080
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Efficiency tools needed
Signal category
Financial

Topics and mentions

Regions named

  • North America

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
costReduction

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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/65b6b58f-e404-4535-8b62-c2273c6845c1 returns this record as JSON. POST /v1/companies/enrich returns every signal for starbucks.com.

{
  "signal_id": "65b6b58f-e404-4535-8b62-c2273c6845c1",
  "signal_type": "sec-10q",
  "signal_subtype": "costReduction",
  "detected_at": "2026-05-05T08:48:22.339+00:00",
  "company": {
    "name": "Starbucks",
    "domain": "starbucks.com"
  },
  "data": {
    "detail": "Starbucks significantly decreased its capital expenditures by $685.7 million in the first half of the fiscal year, driven by reduced spending on new stores and renovations in North America. This signals a capital reallocation strategy, potentially creating budget for technology or operational efficiency projects over physical expansion.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Net decrease in capital expenditures year-to-date",
      "dollar_millions": 685.7
    },
    "summary": "Reducing capital expenditures by $685.7M YTD, cutting new store and renovation spend.",
    "excerpts": "Cash used in investing activities totaled $653.3 million for the first two quarters of fiscal 2026, compared to $1.5 billion for the same period in fiscal 2025. The change was primarily due to a net decrease in capital expenditures of $685.7 million, driven by a reduction in new store investments and retail renovations in North America and global non-retail facilities spend...",
    "relevance": 0.8,
    "sentiment": "negative",
    "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": "Efficiency tools needed",
    "signal_category": "financial",
    "regions_mentioned": [
      "North America"
    ]
  }
}

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