Form 8-K STARBUCKS CORP For: Sep 23
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TD Cowen on Starbucks (SBUX): 'we estimate 500 gross NA company-owned closures in F4Q as part of this news'
September 25, 2025 10:54 AM EDTTD Cowen analyst Andrew Charles reiterated a Hold rating and $95.00 price target on Starbucks (NASDAQ: SBUX).
The analyst comments "Starbucks announced 2 new efforts in the Back to Starbucks turnaround. The more impactful is an accelerated level of store closures to help improve financial performance and brand perceptions. The company plans to end 2025 with -1% NA net restaurant growth, trailing our prior... More
Starbucks to close stores, restructure operations under $1 billion plan
September 25, 2025 7:02 AM EDTStarbucks Corporation (NASDAQ: SBUX) announced a restructuring plan involving coffeehouse closures and organizational changes as part of its "Back to Starbucks" strategy, according to a company statement.
The company's board approved the plan on September 23, 2025, which includes closing stores that do not meet criteria for brand-consistent physical environments and... More
