Starbucks cuts FY2026 store-opening outlook to about 440 locations
Filed with the SEC on · Summarized by InvestorsBot
Starbucks expects approximately 440 net new company-operated and licensed coffeehouses globally in fiscal 2026, down from its prior forecast of 600 to 650. The change reflects about 250 planned North American closures announced September 24, 2026, partly offset by higher net openings in international markets; the company said it continues to develop a North American growth pipeline.