Company

Starbucks

Official Name: Starbucks Corporation

Headquarters: Seattle, WA, United States

Founded: March 30, 1971

Employees: 383,000

CEO: Mr. Kevin R. Johnson

NASDAQ: SBUX +2.09%

Market Cap

$86.38 Billion

USD as of July 1, 2024

Market Cap History

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.

Starbucks market capitalization over time

Evolution of Starbucks Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Starbucks Corporation

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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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)

Details

Headquarters:

2401 Utah Avenue South

Seattle, WA 98134

United States

Phone: 206 447 1575