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Starbucks Corp SBUX Stock Quote

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Morningstar‘s Stock Analysis SBUX

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Starbucks' Reinvention Plan and Internal Investments Underpin Strong Medium-Term Growth Narrative

Sean Dunlop Equity Analyst

Business Strategy and Outlook

| Sean Dunlop |

Starbucks is the largest specialty coffee chain in the world, generating some $29 billion in sales during fiscal 2021. The firm’s attention to premium-quality coffee distinguishes it from chained competitors (alleviating pressure from quick-service restaurant competitors and at-home consumption), allowing Starbucks to charge substantially higher prices while creating a buzz around what has historically been a commoditized product.

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Key Statistics SBUX

Company Profile SBUX

Business Description

Starbucks is one of the most widely recognized restaurant brands in the world, operating nearly 34,000 stores across more than 80 countries as of the end of fiscal 2021. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Contact
2401 Utah Avenue South
Seattle, WA, 98134
T +1 206 447-1575
Industry Restaurants
Most Recent Earnings Jun 30, 2022
Fiscal Year End Oct 3, 2022
Employees 383,000

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