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Wajeeh Khan

SBUX Stock Alert: What to Know as Starbucks Closes More Than 250 Stores

Starbucks SBUX Brian Niccol

Starbucks (SBUX) shares remain in focus on Sept. 25 after the coffeehouse chain announced plans to close roughly 250 of its underperforming stores across North America. The company expects the store closures to incur an estimated $300 million in restructuring charges and slow its net global expansion to 440 locations in fiscal 2026.

The announcement arrives as Starbucks stock has fallen out of favor with investors, currently down nearly 15% versus its recent high.

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