Starbucks CORP 8-K filings

Starbucks announced its Q3 FY26 financial results, showcasing a 7.9% increase in global comparable store sales driven by transaction growth, while consolidated net revenues saw a 1% decrease to $9.3 billion due to the China transaction.

Starbucks announced robust financial results for its fiscal second quarter of 2026, exceeding expectations with healthy comparable store sales and earnings growth, leading to an upward revision of full-year guidance.

Starbucks has officially closed its joint venture with Boyu Capital, granting Boyu a 60% stake in its China retail operations to accelerate growth in the region.

Shareholders reelect all directors, approve say‑on‑pay and a shift toward majority voting, and ratify Deloitte as auditor at the 2026 annual meeting.

Starbucks reported a 6% revenue increase to $9.9 billion in Q1 FY26, driven by strong comparable store sales, but GAAP EPS declined 62% to $0.26 due to labor investments, inflation, and China JV accounting impacts.

Starbucks Corporation announced the effective date of Brad Lerman's departure as Executive Vice President and Chief Legal Officer as November 14, 2025.

Starbucks announced a joint venture with Boyu Capital, selling a controlling interest in its China retail operations to accelerate growth in the key market.

Starbucks reported its Q4 and full fiscal year 2025 results, showing a return to global comparable store sales growth for the first time in seven quarters, driven by its 'Back to Starbucks' strategy, despite significant declines in GAAP earnings due to restructuring.

Starbucks Corporation announced a $1 billion restructuring plan, including coffeehouse closures and support organization transformation, as part of its 'Back to Starbucks' strategy.

Starbucks reported a significant decline in third-quarter earnings and comparable store sales, particularly in the U.S., as it continues to invest heavily in its 'Back to Starbucks' strategy.

Starbucks Corporation's Board of Directors has approved a $6 million performance-based restricted stock unit grant for its continuing named executive officers, tying compensation directly to the success of its 'Back to Starbucks' turnaround strategy and key operational goals through fiscal year 2027.

Starbucks Corporation has updated its bylaws to align with new universal proxy rules, refine shareholder nomination processes, and formalize proxy access, effective June 25, 2025.

Starbucks Corporation announced the expansion of its Board of Directors from nine to eleven members, appointing Dr. Dambisa Moyo and Marissa Mayer, effective June 25, 2025, to bring deep expertise in technology, transformation, and global affairs.

Starbucks Corporation has entered into a new $3.0 billion unsecured revolving credit facility maturing in 2030, replacing its previous credit agreement, to support general corporate purposes including working capital, capital expenditures, acquisitions, and share repurchases.

Starbucks Corporation has announced significant organizational changes, including the appointment of Mike Grams as Chief Operating Officer and the upcoming departure of Chief Legal Officer Brad Lerman, aimed at accelerating company performance.

Starbucks Corporation successfully completes a public offering of $1.75 billion in senior notes due in 2028, 2030, and 2035.

Starbucks reports a 2% increase in consolidated net revenues to $8.8 billion for Q2 Fiscal Year 2025, signaling progress in its 'Back to Starbucks' strategy despite a decline in comparable store sales.

Starbucks advises shareholders to reject Tutanota LLC's mini-tender offer to purchase up to 500,000 shares at $88.00 per share, citing conditions that could result in a below-market price.

Starbucks held its 2025 Annual Meeting of Shareholders, where directors were elected, executive compensation was approved in an advisory vote, the selection of Deloitte & Touche LLP was ratified, and several shareholder proposals were voted on.

Starbucks Corporation announces the appointment of Cathy R. Smith as the new CFO, with Val Bauduin serving as interim CFO during the transition period.

Starbucks Corporation announced the appointment of Cathy R. Smith as its new Executive Vice President and Chief Financial Officer, succeeding Rachel Ruggeri, effective on a date to be determined.

Starbucks' Q1 2025 results show flat revenue and a decline in profits, reflecting investments in its 'Back to Starbucks' strategy.

Starbucks is restructuring its support organization as part of its 'Back to Starbucks' initiative, anticipating job eliminations to improve efficiency and focus on store experience.

Mellody Hobson, a long-serving member of the Starbucks board, has announced she will not seek re-election at the 2025 annual meeting, marking the end of her 20-year tenure.

Starbucks has amended its CEO Brian Niccol's offer letter to clarify the valuation method for his performance-based equity grants, shifting from grant date fair value to target value.

Starbucks' Q4 results reveal a 3% revenue decline and a 7% drop in global comparable store sales, prompting a strategic shift to regain customer loyalty.

Starbucks reported a 7% decline in global comparable store sales for the fourth quarter of fiscal year 2024, prompting a strategic reset and suspension of 2025 guidance.

Starbucks Corporation's North America CEO, Michael Conway, has announced his retirement, effective November 30, 2024.

Starbucks has announced the appointment of Brian Niccol as its new CEO and Chairman, effective September 9, 2024, while Mellody Hobson will transition to lead independent director.

Starbucks' third-quarter results show a slight revenue decrease and a decline in comparable store sales, though the company's loyalty program continues to expand.