Starbucks stock trades at EUR 84.20 as closures cut growth

Published on 09/30/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Starbucks stock is tied to 250 North American closures announced September 24, 2026, with USD 300 million in charges. Q3 GAAP EPS rose 86 percent to USD 0.91.

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 stock (ISIN US8552441094) was trading at EUR 84.20 at Lang & Schwarz on September 30, 2026 at 9:32 a.m. CEST, up 0.13 percent versus the prior close of EUR 84.09. The latest strategic reset involves 250 North American store closures and a lower fiscal 2026 expansion target, according to Reuters on September 24, 2026.

Closures cut fiscal growth

Starbucks expects the closures to produce USD 300 million in restructuring charges, with most actions completed by the end of fiscal 2026. The company now targets 440 net new company-operated and licensed coffeehouses globally, compared with its previous guidance range of 600 to 650, Reuters reported.

The adjustment changes the growth profile of the turnaround. Store pruning may concentrate capital on higher-performing locations, but the lower opening target and restructuring bill raise the execution burden for management.

Q3 results show operating lift

For the quarter ended June 28, 2026, Starbucks reported USD 9.3 billion in consolidated revenue, down 1 percent year over year, while GAAP operating margin expanded to 10.5 percent. The Q3 filing summary from StockTitan also shows GAAP diluted EPS of USD 0.91, up 86 percent from the prior year.

That combination is important for the investment case: comparable-store sales rose 7.9 percent in the same quarter, but reported revenue still declined because of the conversion of Starbucks China retail operations into a licensed joint venture. Margin conversion now matters as much as customer traffic.

Analyst targets stay above the quote

MarketBeat reported that Citigroup raised its target from USD 108.00 to USD 112.00 on July 30, 2026, while the listed consensus target was USD 110.30 with a Hold rating. Those targets are quoted in USD, while the reference price here is the Lang & Schwarz quote in EUR.

Starbucks stock holds at EUR 84.20

Starbucks stock was trading at EUR 84.20 at Lang & Schwarz on September 30, 2026 at 9:32 a.m. CEST, up 0.13 percent versus the Lang & Schwarz prior close of EUR 84.09 on September 29, 2026. The company reported a market capitalization of USD 108.8 billion as of September 29, 2026, with a 52-week range of USD 77.99 to USD 110.51.