The company expects charges between $328 million and $348 million related to the closures, including a charge of $200 million in the third quarter.
Once those underperforming stores have shut down - a process the company said will happen gradually from now until the first half of 2009 - Starbucks said it expects the change to boost earnings by $100 million a year.
Starbucks said it will try to place workers from closed stores in remaining Starbucks.
Shares of Seattle-based Starbucks slipped 11 cents to $15.51 in after-hours trading after losing 12 cents to close at $15.62.
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