Starbucks stock faces 250 store closures as openings fall to 440

Published on 10/01/2026 at 14:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue was USD 9.32 billion, down 1.40 percent. Starbucks stock costs EUR 83.46 on October 1, 2026 after EUR 83.04.

Fotorealistisches modernes Kaffeehaus mit Barista an der Espressomaschine und weißen Bechern — Starbucks Corp. US8552441094 zeigt fotorealistische Kaffeehaus-Szene mit Barista und weißen Bechern am Tresen, Illustration mit AI erstellt.

Starbucks (ISIN US8552441094) plans to close 250 North American stores and cut fiscal 2026 net new openings to 440 from 600 to 650, according to Reuters on September 24, 2026. The decision puts store productivity and the cost of Starbucks CEO Brian Niccol's turnaround at the center of the stock story.

Closures reset the store equation

The company expects USD 300 million in restructuring charges linked to the closures, with USD 200 million tied to lease exits and employee separation benefits and USD 100 million classified as noncash asset disposal and impairment charges, CNBC reported on September 24, 2026.

The revised 440-store outlook is 160 locations below the bottom of the former 600 to 650 range. That comparison matters because the reset shifts capital away from expansion and toward the performance of existing coffeehouses.

Quarterly figures add a counterweight

Starbucks reported adjusted earnings per share of USD 0.85 for the fiscal third quarter ended July 29, 2026, versus USD 0.66 expected, while revenue reached USD 9.32 billion against USD 9.17 billion expected, according to MarketBeat on September 29, 2026. Revenue still declined 1.40 percent year over year, leaving the company with a recovery that has improved earnings but has not yet restored top-line growth.

Starbucks had a market capitalization of USD 107.1 billion as of September 30, 2026. The valuation gives the store reset a high standard to meet because the company must convert better traffic and remodeled locations into stronger margins while absorbing the restructuring cost.

October earnings set the next test

MarketBeat lists Starbucks' fiscal fourth-quarter results for October 28, 2026, after the market closes. The report will show whether the 440-store outlook and the closure program are being matched by sales and margin progress.

Starbucks stock stays near EUR 83

Starbucks stock was trading at EUR 83.46 at Lang & Schwarz on October 1, 2026 at 2:39 p.m. CEST, up 0.51 percent versus the Lang & Schwarz prior close of EUR 83.04 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Starbucks stock.