Sector: Consumer Cyclicals | Industry: Restaurants & Bars |
See Regulatory Filings on SEC |
Company Contact | |
Address: | P O Box 34067 SEATTLE WA 98124-1067 |
Tel: | N/A |
Website: | https://www.starbucks.com |
IR: | See website |
Key People | ||
Laxman Narasimhan Chief Executive Officer, Director | Rachel Ruggeri Chief Financial Officer, Executive Vice President | Michael Conway Group President, International and Channel Development |
Bradley E. Lerman Executive Vice President, General Counsel | A. J. Jones Executive Vice President, Chief Communications Officer, Public Affairs | Sara Kelly Executive Vice President, Chief Partner Officer |
Business Overview |
Starbucks Corporations is a coffee company, which roasts, markets and retails specialty coffee in the world. The Company operates in 86 markets and has approximately 38,000 stores worldwide. It has three segments: North America, International and Channel Development. North America segment includes the United States and Canada. International segment includes China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America and Caribbean. North America and International segments include both the Company-operated and licensed stores. Channel Development segment includes roasted whole bean and ground coffees, Starbucks- and Teavana-branded single-serve products, a variety of ready-to-drink beverages, such as Frappuccino and Starbucks Doubleshot, foodservice products and other branded products sold worldwide outside the Company-operated and licensed stores. A large portion of its Channel Development business operates under a licensed model of the Global Coffee Alliance with Nestle. |
Financial Overview |
For the 13 weeks ended 31 December 2023, Starbucks Corp revenues increased 8% to $9.43B. Net income increased 20% to $1.02B. Revenues reflect North America segment increase of 9% to $7.12B, International segment increase of 10% to $1.85B, Comparable Store Sales (Growth- %), int. increase from -13 to 7%, Retail Sales -America Company-operated increase of 9% to $6.38B. |
Employees: | 381,000 as of Oct 1, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $115,228M as of Dec 31, 2023 |
Annual revenue (TTM): | $36,687M as of Dec 31, 2023 |
EBITDA (TTM): | $7,247M as of Dec 31, 2023 |
Net annual income (TTM): | $4,294M as of Dec 31, 2023 |
Free cash flow (TTM): | $1,915M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $11,632M as of Dec 31, 2023 |
Shares outstanding: | 1,132,200,000 as of Jan 24, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |