Company
Starbucks
Official Name: Starbucks Corporation
Headquarters: Seattle, WA, United States
Founded: March 30, 1971
Employees: 383,000
CEO: Mr. Kevin R. Johnson
Market Cap
$106.34 Billion
USD as of Jan. 1, 2024
Company Description
Starbucks Corporation is a multinational coffee company and coffeehouse chain. It serves a range of hot and cold drinks, coffees, teas, fresh juices, and other beverages together with a selection of snacks, pre-packaged food items, hot and cold sandwiches, and drinkware. Starbucks has diversified in venues proposing alcoholic beverages in "Starbucks Evenings" locations, and coffee, ice-cream, and bottled drinks sold in grocery stores under the Starbucks brand.
Top Competitors by Market Capitalization
Industry: Restaurants
| Company | Market Cap (USD) |
|---|---|
| McDonald's | $213.53 B |
| Chipotle Mexican Grill, Inc. | $61.30 B |
| Compass Group plc | $46.72 B |
| Yum! Brands, Inc. | $36.19 B |
| Restaurant Brands International Inc. | $34.34 B |
Detailed Description
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.
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Stocks & Indices
Starbucks Corporation has the following listings and related stock indices.
Stock: NASDAQ: SBUX wb_incandescent
Stock: BCBA: SBUXD wb_incandescent
Stock: BCBA: SBUX wb_incandescent
Stock: BMV: SBUX wb_incandescent
Stock: Bovespa: SBUB34 wb_incandescent
Stock: BVS: SBUXCL wb_incandescent
Stock: BVS: SBUX wb_incandescent
Stock: FSX: SRB wb_incandescent
Stock: MTA: SBUX wb_incandescent
Stock: XETR: SRB wb_incandescent
Product & Services
Coffee beveragessmoothiesteabaked goodssandwiches
Key People
Founder(s): Jerry Baldwin Zev Siegl Gordon Bowker
Howard Schultz, interim CEO Mellody Hobson, Chairperson Kevin Johnson, President & ex- CEO
Financials
Revenue: US$29.06 billion (2021)
Operating income: US$4.87 billion (2021)
Net income: US$4.20 billion (2021)
Total assets: US$31.39 billion (2021)
Total equity: -US$5.32 billion (2021)