Starbucks Corporation: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-07-05
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

3
New Risks
16
Removed
23
Modified
3
Unchanged
🟢 New in Current Filing Severity10/10Det 10

We are subject to risks from changes to the trade policies and tariff and import/export regulations by the U.S. and other foreign governments.

Changes in the import and export policies, including trade restrictions such as new, increased, threatened, or retaliatory tariffs or quotas, embargoes, sanctions and countersanctions, safeguards, or customs restrictions by the U.S. and foreign governments, have in the past…

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Changes in the import and export policies, including trade restrictions such as new, increased, threatened, or retaliatory tariffs or quotas, embargoes, sanctions and countersanctions, safeguards, or customs restrictions by the U.S. and foreign governments, have in the past required, and could in the future require, us to change the way we conduct business and such changes have in the past adversely affected, and could in the future adversely affect, our financial condition, results of operations, reputation, and our relationships with customers, suppliers, and employees in the short- or long-term. It may be time-consuming and expensive for us to alter our business operations to adapt to or comply with any such changes. Likewise, changes in laws and 15 15 15 Table of Contents Table of Contents policies governing foreign trade, manufacturing, development, and investment in the territories or countries where we currently sell our products or conduct our business could adversely affect our business.

🟢 New in Current Filing Our business is subject to evolving corporate governance and public disclosure regulations and expectations, including with respect to responsible business matters, that could expose us to numerous risks. 🔒
🔴 No Match in Current Filing We are increasingly dependent on the success of certain international markets in order to achieve our growth targets. 🔒
🔴 No Match in Current Filing Economic conditions in the U.S. and international markets have adversely affected, and could continue to adversely affect, our business and financial results. 🔒
🟡 Modified Failure to comply with applicable laws and changing legal and regulatory requirements could harm our business and financial results. 🔒
🟡 Modified We face risks as a global business that could adversely affect our financial performance. 🔒
🟡 Modified We may not be successful in implementing important strategic initiatives (including our restructuring plan), effectively managing growth, or executing strategic transactions, any of which may have an adverse impact on our business and financial results. 🔒
🟢 New in Current Filing We are dependent on the performance of licensed and company-owned international markets to achieve our growth targets. 🔒
🔴 No Match in Current Filing Risks Related to Cybersecurity and Data Privacy 🔒
🔴 No Match in Current Filing Our business is subject to evolving corporate governance and public disclosure regulations and expectations, including with respect to environmental, social, and governance matters, that could expose us to numerous risks. 🔒
🟡 Modified Failure to maintain satisfactory compliance with certain privacy and data protection laws and regulations may result in substantial negative financial consequences, reputational harm, and civil or criminal penalties. 🔒
🟡 Modified Interruption of our supply chain and our reliance on suppliers could affect our ability to produce or deliver our products and could negatively impact our business and profitability. 🔒
🟡 Modified We rely heavily on information technology in our operations and growth initiatives, and any material failure, inadequacy, interruption, or security failure of that technology could harm our ability to effectively operate and grow our business and could adversely affect our financial results. 🔒
🟡 Modified Our financial condition and results of operations have been, and may continue to be, adversely affected by a number of macroeconomic and other factors, many of which are largely outside our control. 🔒
🟡 Modified Our success depends substantially on the value of our brand, and failure to preserve its value could have a negative impact on our financial results. 🔒
🟡 Modified Climate change may have an adverse impact on our business. 🔒
🟡 Modified We may not be successful in our brand, marketing, promotional, advertising, and pricing strategies. 🔒
🔴 No Match in Current Filing Risks Related to Supply Chain 🔒
🟡 Modified Increases in the cost of high-quality arabica coffee beans or other commodities or decreases in the availability of high-quality arabica coffee beans or other commodities could have an adverse impact on our business operations and financial results. 🔒
🟡 Modified The unauthorized access, use, theft, or destruction of customer or employee data (personal, financial, or other), or of Starbucks proprietary or confidential information, that is stored in our information systems or by third parties could impact our reputation and brand and expose us to potential liability and loss of revenues. 🔒
🟡 Modified Reported incidents involving food- or beverage-borne illnesses, tampering, adulteration, contamination, or mislabeling, whether or not accurate, could harm our business. 🔒
🟡 Modified We have been, and could continue to be, party to litigation or other legal proceedings that could adversely affect our business, results, operations, and reputation. 🔒
🟡 Modified Our supply chain may be unable to fully support current and future business needs. 🔒
🟡 Modified Evolving consumer preferences and tastes, as well as adverse public or medical opinions about the health effects of consuming our products, may adversely affect our business. 🔒
🔴 No Match in Current Filing Risks Related to Our Business 🔒
🔴 No Match in Current Filing Risks Related to Macroeconomic Conditions 🔒
🔴 No Match in Current Filing Risks Related to Human Capital 🔒
🔴 No Match in Current Filing Risks Related to Environmental, Social, and Governance Matters 🔒
🔴 No Match in Current Filing Our investments to transform and enhance the customer experience, including through technology, may not generate the expected results. 🔒
🟡 Modified Certain activist shareholder actions have caused, and could continue to cause, us to incur expense, hinder execution of our business strategy, and adversely impact our stock price. 🔒
🟡 Modified If we are unable to meet our projections for new store openings or efficiently maintain the attractiveness of our existing stores, our operating results could suffer. 🔒
🟡 Modified We face intense competition in each of our channels and markets, which could lead to reduced profitability. 🔒
🔴 No Match in Current Filing Summary of Risks Associated with Our Business 🔒
🔴 No Match in Current Filing Risks Related to Brand Relevance and Brand Execution 🔒
🔴 No Match in Current Filing Risks Related to Operating a Global Business 🔒
🔴 No Match in Current Filing Risks Related to Competition 🔒
🔴 No Match in Current Filing Risks Related to Regulation and Litigation 🔒
🔴 No Match in Current Filing Risks Related to Intellectual Property 🔒
🟡 Modified If our business partners and third-party providers do not satisfactorily fulfill their responsibilities and commitments, it could damage our brand, and our financial results could suffer. 🔒
🟡 Modified Our reliance on key business partners may adversely affect our business and operations. 🔒
🟡 Modified Failure to adequately protect our intellectual property or ensure that we are not infringing on the intellectual property of others could harm the value of our brand and our business. 🔒
🟡 Modified We are highly dependent on the financial performance of our North America operating segment. 🔒
41 more changes in this filing

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