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Starbucks SBUX North America — Employee severance, separation costs, and other

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Other financials

Income statement

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Revenue$9.3B-1.4%
Operating income$980.4M+4.8%
Net income$1.0B+87.2%
EPS (diluted)$0.91+85.7%

Balance sheet

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Cash & equivalents$3.4B-17.3%
Total debt$22.4B-19.6%
Total equity-$7.7B+0.2%
Total assets$28.3B-15.9%

Cash flow

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Operating cash flow$1.6B+63.9%
CapEx$291.4M-48.6%
Free cash flow$1.4B+211%

Valuation

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Market cap$120.36B+15.4%
Enterprise value$139.35B+8.9%
P/E60.7×+21.1×
P/S3.1×+0.3×

Profitability

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Gross margin72.3%
Operating margin7.8%-3.0pp
Net margin5.2%-2.0pp
FCF margin9.5%

Returns & leverage

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Return on equity136.5%
Debt / equity7.8×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Starbucks in its filing.

Tagged under the XBRL concept sbux:EmployeeSeveranceSeparationCostsAndOther.

The source filing: Starbucks’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:17 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000829224-26-000130
Quarter Ended June 28, 2026 / Fiscal 2025 Restructuring plans:North AmericaInternationalChannel DevelopmentCorporate and OtherTotal
Amortization of ROU lease assets and other lease exit costs(1.8)1.90.1
Total costs6.42.3(0.2)1.510.0
Fiscal 2026 Restructuring plans:
Disposal and impairment of store and non-retail facility assets154.714.348.4217.4
Employee severance, separation and other costs10.724.537.472.6
Amortization of ROU lease assets and other lease exit costs2.50.12.6
Total costs167.938.885.9292.6
Total Restructuring and impairment costs$174.3$41.1$(0.2)$87.4$302.6

Item 1.Financial Statements

FAQ

What is Starbucks's north america — employee severance, separation costs, and other?
Starbucks (SBUX) reported north america — employee severance, separation costs, and other of $10.7M in Q2 2026.
How has Starbucks's north america — employee severance, separation costs, and other changed year-over-year?
Starbucks's north america — employee severance, separation costs, and other decreased by 58.8% year-over-year, from $25.95M to $10.7M.
What does north america — employee severance, separation costs, and other mean?
This metric represents non-recurring expenses related to workforce reductions, severance packages, and other restructuring-related costs within the North American segment. It provides visibility into the costs associated with organizational changes or efficiency initiatives. Tracking this helps investors understand the impact of corporate restructuring on short-term profitability.

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