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STARBUCKS CORP

For the period ended Sep 28, 2025. Filed Nov 14, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Nov 14, 2025

SBUX$109.44+3.8%Stored close · as of Nov 9, 2026

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Contents

Item 2. Properties

The material properties used by Starbucks in connection with its roasting, manufacturing, warehousing, distribution, and corporate administrative operations, serving all segments, are as follows:

LocationApproximate Size in Square FeetPurpose
York, PA1,957,000Roasting, warehousing and distribution
Seattle, WA1,294,000Corporate administrative
Minden, NV (Carson Valley)1,080,000Roasting, warehousing and distribution
Auburn, WA750,000Warehousing and distribution
Lebanon, TN680,000Warehousing and distribution
Kunshan, China630,000Roasting, warehousing and distribution
Kent, WA510,000Roasting and distribution
Shanghai, China221,000Corporate administrative

We own most of our roasting facilities and lease the majority of our warehousing and distribution locations. As of September 28, 2025, Starbucks had 21,514 company-operated stores, almost all of which are leased. We also lease space in various locations worldwide for regional, district, and other administrative offices, training facilities, and storage. In addition to the locations listed above, we hold inventory at various locations managed by third-party warehouses. We believe our existing facilities, both owned and leased, are in good condition and suitable for the conduct of our business.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.