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Starbucks Operating Margins Fall to 7.9% Amid "Back to Starbucks" Restructuring

SBUX10-KFiling Date: 11/14/2025
Starbucks Corporation
Description

What this story covers

Starbucks reported $37.2 billion in 2025 revenue but faced a sharp decline in operating margins to 7.9%. The "Back to Starbucks" initiative involved closing 627 stores and increasing labor investments to revitalize the core customer experience.

Story snapshot

CompanyStarbucks Corporation
TickerSBUX
VariantStandard detailed
Duration16:41
Filing type10-K
PeriodAnnual 2025
IndustryConsumer Services
Accession0000829224-25-000114
Sources1

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Primary Sources

sec_filing10-KView on SEC.gov →

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