Di Yi Cai Jing·2025-09-26 10:59Group 1 - The core message of the news is that Starbucks is implementing a restructuring plan to support its "Return to Starbucks" initiative, which includes closing certain stores and reducing staff by approximately 900 positions [1] - The company estimates that the restructuring will incur costs of about $1 billion, with 90% of these costs attributed to North America [1] - Starbucks anticipates that around $150 million of the restructuring costs will be related to employee separation benefits, and approximately $400 million will be associated with the disposal and impairment of store assets [1] Group 2 - Starbucks China stated that store expansion remains a key driver of business growth, focusing on creating a high-quality store portfolio that delivers good returns and a unique Starbucks experience [2] - For the third fiscal quarter of 2025, Starbucks reported total revenue of $9.456 billion, a year-over-year increase of 3.8%, while net profit attributable to shareholders fell by 47.1% to $558 million [2] - The company is considering the sale of its China operations, with a valuation estimated between $5 billion and $6 billion [2]