Starbucks Corp

SBUX: XNAS (USA)
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Starbucks: Store Closures Prudently Align With Strategy to Restore Brand Clout and Boost Profits

Starbucks will close about 250 North American units, or 1% of its global footprint, that it deems unfit to meet its elevated store-experience standards or financial performance. It now expects 440 net global openings in fiscal 2026 (from 600-650) and will incur $300 million in restructuring charges.

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