About 54% of all Starbucks company-operated stores are in the U.S. The Americas segment posted net revenue of $16.4 billion in FY 2020, falling 10.3% compared to FY 2019. Starbucks' primary competitors for sales of coffee beverages are other specialty coffee shops. While Starbucks dominates the U.S. market, it faces increasingly tough competition in international markets, including from U.K.-based Costa Coffee, a subsidiary of Coca-Cola Co. (KO); and China-based Luckin Coffee Inc. (LKNCY). Starbucks forecast adjusted fiscal 2021 EPS of $2.70 to $2.90 on revenue of $28 billion to $29 billion. South Africa: 12 The net revenue of Starbucks has continued to rise consistently year on year. Operating income fell 1.5% to $687.2 million, comprising about 24% of total segment operating income., Starbucks indicated in its FY 2020 filings that, as of September 27, 2020, it had identified 405 stores across the U.S. and Canada that will be closed as part of the company's restructuring plans. Starbucks strategy is to reach customers where they work, travel, shop and dine by establishing relationships with prominent third parties that share the Company’s values and commitment to quality. Revenue generation by the Starbucks in US comprises 80% of the total revenue of the market and 20% of the revenue is generated in the international markets. India: 132 Saudi Arabia: 180 How Starbucks Reports Diversity & Inclusiveness, improve the awareness of the importance of diversity in companies, Form 10-K for the fiscal year ended September 27, 2020. Bahamas: 12 View the latest SBUX financial statements, income statements and financial ratios. Here are all of the Starbucks facts and statistics you need to know incl number of stores, employees, revenue totals, etc.. • 30 Starbucks Facts and Statistics (2020) | … Corporate and Other posted an operating loss of $1.3 billion on net revenue of $66.2 million in FY 2020. These figures, as well as any negative amounts, were not used in the calculation of the segment percentage shares below nor in the pie charts above. Although China was most likely the origin of the COVID-19 virus, the country managed the pandemic quite well and revenue increased 7% for Starbucks in fiscal 2020. Starbucks has four reportable operating segments: 1. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. The company has gradually reopened its stores and has begun to see sequential improvements in comparable store sales.. Starbucks Corp. ... China accounted for 10% of Starbucks' $7.1 billion revenue during its first quarter. Starbucks forecast adjusted fiscal 2021 EPS of $2.70 to $2.90 on revenue of $28 billion to $29 billion. Uruguay: 5 The coffee titan is opening about 600 stores annually in the country… Started in the early 1970's, it hasn't taken long for Starbucks to go from a single storefront to a global phenomenon. 5-year and 10-year growth rates are calculated with least-square regression based on the 6-year and 11-year annual numbers. Presence of the business of Starbucks is extended to more than 70 countries of the world whereas Dunkin’ Donuts’ don’t show that much extended presence at international level. More than half of the new stores planned for this year will be located in China, with about 600 new stores planned for the Americas and about 400 for the company’s Europe, Middle East and Africa (EMEA) region. Sweden: 14 Accessed Nov. 16, 2020. If I were to take a guess, however, I would guess it is the United States. Total net revenues were $26.5 billion, up 10% over … Total net revenues were $26.5 billion, up 10% over … Norway: 23 Other countries only account for a small share of eCommerce net sales, e. g. Canada. Here’s the list, by country and the total number of … In 2019, Starbucks, generated a total of 26.52 billion U.S. dollars in revenue. Monaco: 2 In the year 2019, Starbucks has generated a revenue of US$26.51 billion. CONSOLIDATED STATEMENTS OF EARNINGS (unaudited, in millions, except per share data) Quarter Ended . Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 32. Worldwide Starbucks Revenue by Region from 2012 – 2019. Oman: 14 Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 2. Brand equity refers to the value a company gains from a product with a recognizable and admired name when compared to a generic equivalent. The jump in profits comes despite an economic slowdown in the country. Hong Kong/Macau: 195 Commits to 25,000 partners graduating by 2025. Starbucks’ Total Revenue has grown by 16% between FY 2016 and FY 2018, and is expected to grow by 10.3% in FY 2019: Starbuck’s total revenues grew from $21.3 billion in … Poland: 72 Starbucks, like many restaurants and retailers, has been severely affected by the impacts of the COVID-19 pandemic this year. Their product mix includes roasted and handcrafted high- Starbucks is pivoting hundreds of North American stores away from the cafe model it helped make ubiquitous and will expand its pickup-only and … Curacao: 3 Sep 30, 2018 % Change . Please see our filings with the SEC including our last annual report on Form 10-K for the fiscal year ended September 27, 2020 and our quarterly reports for a discussion of specific risks that may affect our performance and financial condition. Starbucks Corporation, an American company founded in 1971 in Seattle, WA, is a premier roaster, marketer and retailer of specialty coffee around world. Canada: 1,542 It released its financial results for full year 2017 in 2018 February. Since 2017, the company has owned all its stores in China, and it has owned all its stores in Japan since 2015. Guatemala: 9 After 25,000 Stores in 78 Countries, Starbucks Turns to Italy Company opened first location in Milan, where it will forgo Frappuccinos and focus on espresso, pizza and made-to-order ice cream. Starbucks has closed more than half of its Chinese locations as the country battles the spread of the virus. The segment posted $5.1 billion in net revenue in FY 2020, a 16.8% decrease compared to FY 2019. Net earnings were down 74.3% compared to FY 2019. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Today, the green logo hangs in more than 3,600 shops, in 150 Chinese cities. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. As the world's largest coffeehouse chain, Starbucks is seen to be the main representation of the United States' second wave of coffee culture. Bahrain: 31 Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington.As the world's largest coffeehouse chain, Starbucks is seen to be the main representation of the United States' second wave of coffee culture. Accessed Nov. 16, 2020. Starbucks operates the 15,616 stores it currently owns and licenses 14,249 stores worldwide. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 6. Russia: 131 Lebanon: 39 Bolivia: 4 Germany: 157 Japan: 1,415 A circular merger is a transaction to combine companies that operate within the same general market, but offer a different product mix. It also said that it expected to potentially identify another 395 stores for closure.. starbucks.com, operated by Starbucks Corporation, is an online store with nationally-focused sales. If I were to take a guess, however, I would guess it is the United States. Starbucks operates through three main business segments and breaks them down into revenue and operating income: Americas, International, and Channel Development. Costa Rica: 14 The segment reported operating income of $1.8 billion, a 51.7% drop from the previous year. Kazakhstan: 18 We examined the data Starbucks releases to show you how it reports the diversity of its board and workforce to help readers make educated purchasing and investing decisions. France: 177 Starbucks assumes no obligation to update any of these forward-looking statements or information. Sep 29, 2019 . Worldwide Starbucks Revenue by Region from 2012 – 2019. Similar to a brand like Apple, Starbucks has positioned themselves well over the years making their stores a destination spot for trendy coffee-lovers and have garnered immense brand loyalty among their regular customers. You can learn more about the standards we follow in producing accurate, unbiased content in our. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 31. Previously, the company forecast EPS in the range of $2.08 to $2.12. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 44. Last week, on its fiscal first-quarter earnings call, executives provided an updated picture of Starbucks in China. Kuwait: 151 Starbucks locations serve hot and cold drinks, whole-bean coffee, microground instant coffee known as VIA, espresso, caffe latte, f… Colombia: 32 The company gets the vast majority of sales from beverages and from its Americas segment, comprised of the U.S., Canada, and Latin America. The coffee chain posted net earnings of $924.7 million for its full 2020 fiscal year (FY), which ended September 27, 2020. South Korea: 1,260 Opens stores in: Panama Total stores: 22,519 (as of June 28, 2015) Tata Starbucks saw a 27% growth in revenue while also opening 28 new stores in the third quarter. The jump in profits comes despite an economic slowdown in the country. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 25. starbucks.com, operated by Starbucks Corporation, is an online store with nationally-focused sales. GAAP results in fiscal 2019 and fiscal 2018 include items which are excluded from non-GAAP results. Its decade-old Starbucks Rewards app now boasts 19.3 million active members in the U.S., with the app’s members accounting for nearly 50% of Starbucks' revenue. Accessed Nov. 16, 2020. Mexico: 715 UAE – Dubai: 191 The irony is thick on the ground here. Accessed Nov. 16, 2020. Sep 30, 2018 . Aruba: 4 Reaches 99% ethically sourced coffee milestone. Starbucks EMEA, which collects royalty income from 38 countries from Norway to Morocco, said it paid “an effective tax rate of 23.7%” – above the UK’s corporate tax rate of 19%. Here’s the list, by country and the total number of owned and operated stores: United States: 14,758 It also shows whether Starbucks breaks down those reports to reveal the diversity of itself by race, gender, ability, veteran status, and LGBTQ+ identity. For the fiscal year, Starbucks delivered record results in both total net revenues and non-GAAP EPS. It accounts for 12% of total operating income across all segments., Starbucks' Channel Development segment includes branded roasted whole bean and ground coffees, including Seattle's Best Coffee; Starbucks- and Teavana-branded single-serve products; ready-to-drink beverages such as Frappuccino, Doubleshot, Refreshers, and Teavana iced tea; and other branded products sold worldwide outside of company-operated and licensed stores. The Channel Development segment comprises about 8% of total segment revenue. *12-month growth rate is calculated with the quarterly per share revenue (EBITDA, FCF, earnings) of the last 12 months over the per share revenue (EBITDA, FCF, earnings) over the previous 12 months. Starbucks has four reportable operating segments: 1. The revenue for this fiscal year (2017) is … In 2018, Starbucks (NASDAQ: SBUX) set ambitious plans for growth in China, its second-largest market. Starbucks revenue breakdown by geographic segment: 29.7% from Other Countries and 70.3% from United States Its headquarters are in Seattle, Washington. Consolidated Net Revenues Up 11% to a Record $6.3 Billion; Comparable Store Sales Up 1% Globally and in the U.S. GAAP EPS of $0.61; Non-GAAP EPS of $0.62, Up 13% Year-Over-Year Active Starbucks Rewards TM Membership in the U.S. Increases 14% Year-Over-Year to 15.1 Million Cash Returned to Shareholders Exceeds $5 Billion Fiscal Year-To-Date Starbucks Corporation (NASDAQ: SBUX) today … Bulgaria: 13 Starbucks (NASDAQ: SBUX), the world’s renowned coffee company, announced its Q2 2019 results on April 25, 2019, followed by a conference call with analysts. United Kingdom: 1,002 Other countries only account for a small share of eCommerce net sales, e. g. Canada. Starbucks is focusing on international expansion and new products for future growth. Netherlands: 66 Trinidad and Tobago: 7 Peru: 104 Starbucks revenue breakdown by business segment: 7.9% from CPG, Foodservice and Other, 10.8% from Licensed Stores and 81.3% from Company-operated Stores. Quarter Ended . It shows whether Starbucks discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall, as is marked with a ✔. Slovakia: 5 By using Investopedia, you accept our, Investopedia requires writers to use primary sources to support their work. Starbucks, American company that is the largest coffeehouse chain in the world. Accessed Nov. 16, 2020. Romania: 46 An income statement is one of the three major financial statements that reports a company's financial performance over a specific accounting period. Egypt: 38 The offers that appear in this table are from partnerships from which Investopedia receives compensation. Puerto Rico: 26 The company also provides data on non-reportable operating segments in a "Corporate and Other" category, which includes unallocated expenses. Sep 29, 2019 . *12-month growth rate is calculated with the quarterly per share revenue (EBITDA, FCF, earnings) of the last 12 months over the per share revenue (EBITDA, FCF, earnings) over the previous 12 months. Consolidated Net Revenues Up 11% to a Record $6.3 Billion; Comparable Store Sales Up 1% Globally and in the U.S. GAAP EPS of $0.61; Non-GAAP EPS of $0.62, Up 13% Year-Over-Year Active Starbucks Rewards TM Membership in the U.S. Increases 14% Year-Over-Year to 15.1 Million Cash Returned to Shareholders Exceeds $5 Billion Fiscal Year-To-Date Starbucks Corporation (NASDAQ: SBUX) today … Based upon the financial reports Starbucks files with the SEC, the answer to your question cannot be determined. The UK tax authorities and the U.S. Internal Revenue … Jamaica: 6 As part of our effort to improve the awareness of the importance of diversity in companies, we offer investors a glimpse into the transparency of Starbucks and its commitment to diversity, inclusiveness, and social responsibility. As of early 2020, the company operates over 30,000 locations worldwide in more than 70 countries. Argentina: 143 These products were sold through more than 32,000 stores in 83 markets around the world as of September 27, 2020. Beverages are the biggest revenue generator by product type. Annual stock financials by MarketWatch. Accessed Nov. 16, 2020. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Pages 4 & 29. Greece: 31 New Zealand: 22 Accessed Nov. 16, 2020. Singapore: 141 To seize this opportunity, Starbucks is opening new restaurants in China at an aggressive pace. Czech Republic: 41 Starbucks annual/quarterly revenue history and growth rate from 2006 to 2020. SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 30, 2019. Luxembourg: 3 That was ahead of the $6.1 billion Wall Street forecast, according to analysts polled by FactSet. GAAP results in fiscal 2019 and fiscal 2018 include items which are excluded from non-GAAP results. Even Alaska, with just eight stores (the least of any state), has more Starbucks outlets than 14 countries, including Italy. Hungary: 26 But on overseas income, Starbucks paid an average tax rate of 13 percent, one of the lowest in the consumer goods sector. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 30. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 29. Starbucks saw its fiscal ... Revenue (adjusted): $4.2 billion vs. $4.06 billion expected. Except for a small drop in 2009 over previous year, this rise has been consistent. Last September, Starbucks Corp. (NASDAQ: SBUX) opened its first store in Milan, Italy, some 35 years after former CEO Howard Schultz first visited the city and decided to use Milan’s popular espresso bars as the model for a new kind of U.S. coffeehouse. In its company-operated stores Starbucks generates 74 percent of revenue from the sale of beverages, 20 percent from food sales and one percent from the sale of packaged and single serve coffees. Cost of goods sold (COGS) is defined as the direct costs attributable to the production of the goods sold in a company. China: 3,684 Investopedia uses cookies to provide you with a great user experience. In its company-operated stores Starbucks generates 74 percent of revenue from the sale of beverages, 20 percent from food sales and one percent from the sale of packaged and single serve coffees. Annual stock financials by MarketWatch. Azerbaijan: 4 Philippines: 364 1983 Schultz travels to Italy, where he’s impressed with the popularity of espresso bars in Milan. The adverse impacts of the COVID-19 pandemic on Starbucks' operations during the year were most severe in fiscal Q2 and Q3. Global same-store sales are forecast to grow 18% … Brunei: 4 Packaged and single-serve coffees and teas comprised 1% of total sales and another 4% from other sources, including sales of serveware and ready-to-drink beverages., Starbucks said that the most adverse impact of the pandemic occurred during the company's second and third fiscal quarters, driven by temporary store closures and modified business operations. Accessed Nov. 16, 2020. Below is a table of potential diversity measurements. Accessed Nov. 16, 2020. Its eCommerce net sales are generated mostly in the United States. Taiwan: 454 Cyprus: 13 STARBUCKS CORPORATION. Net revenue for the segment was $1.9 billion, down 3.4% compared to FY 2019. The International segment posted operating income of $354.0 million, down 63.3% from last year. Here’s the list, by country and the total number of … The company opened 1,826 stores between the end of the first fiscal quarter of 2018 and the first quarter of 2019 and expects to open another 2,100 stores this year. Starbucks raised its full-year forecast for earnings and revenue. Revenue fell 8% from the prior year to $6.2 billion. Qatar: 35 For the fiscal year, Starbucks delivered record results in both total net revenues and non-GAAP EPS. Expands Starbucks College Achievement Plan to offer full tuition coverage for all four years of an undergraduate degree for qualifying U.S. Starbucks partners. Starbucks has about 182,000 employees across 19,767 company operated & licensed stores in 62 countries. Starbucks operates the 15,616 stores it currently owns and licenses 14,249 stores worldwide. SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 30, 2019. The company reported revenue … Accessed Nov. 16, 2020. Panama: 9 And it may delay opening some stores in the country. Starbucks Corporation, an American company founded in 1971 in Seattle, WA, is a premier roaster, marketer and retailer of specialty coffee around world. Starbucks begins providing coffee to fine restaurants and espresso bars. Starbucks Corp. A white label product is manufactured by one company then packaged and sold by other companies under various brand names. As of early 2020, the company operates over 30,000 locations worldwide in more than 70 countries. The zip code that is the farthest from a Starbucks is in Adak, Alaska where you need to travel 1,044 … The Americas accounted for the majority of this figure both in 2019 and in previous years. It was founded in Seattle in 1971 and became a worldwide chain of coffeehouses after Howard Schultz bought the company in 1987, with … Their product mix includes roasted and handcrafted high- Between that 1983 visit and 1987 when Schultz acquired Starbucks, the company had opened 17 stores. Starbucks opens first store in Seattle’s Pike Place Market. The Americas segment, dominated by U.S. sales, accounts for the vast majority of revenue for the Seattle-headquartered company.. Except for a small drop in 2009 over previous year, this rise has been consistent. Denmark: 19 Vietnam: 46 Australia: 42 Malaysia: 274 The revenue for this fiscal year (2017) is … Its decade-old Starbucks Rewards app now boasts 19.3 million active members in the U.S., with the app’s members accounting for nearly 50% of Starbucks' revenue. Starbucks currently operates or licenses stores in 78 countries. Ireland: 76 Santa Fe Springs, CA has the highest concentration of store locations with 560 Starbucks in a 25 … Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 3. In 2018, Starbucks (NASDAQ: SBUX) set ambitious plans for growth in China, its second-largest market. Accessed Nov. 16, 2020. Belgium: 26 Global same-store sales are forecast to grow 18% … More than 30 years later, at the end of the first fiscal quarter of 2019, Starbucks owned or operated 29,865 stores worldwide. Andorra: 1. Starbucks Corp. (SBUX) has rapidly grown into the world's dominant coffee shop-themed chain over five decades by roasting, marketing, and selling specialty coffee and an ever-expanding assortment of other beverages, food, and branded products. Chile: 120 Switzerland: 63 Jordan: 23 Indonesia: 378 As a % of total net revenues. Based upon the financial reports Starbucks files with the SEC, the answer to your question cannot be determined. Brazil: 119 Finland: 8 Although 74% of the company’s sales came from beverages, food items contributed a sizeable 19% on the overall revenue. Starbucks' International segment includes company-owned and licensed store revenue and operating income in China, Japan, Asia Pacific, Europe, … Cambodia: 15 Revenue distribution of Starbucks by product type from 2009 to 2019 Company-operated Starbucks stores retail sales distribution worldwide 2005-2019 Net income of Starbucks … Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Starbucks's Annual Sales by Country and Region in Sep. 30, 2015, All foreign countries, Total, United States Sales - CSIMarket 5-year and 10-year growth rates are calculated with least-square regression based on the 6-year and 11-year annual numbers. Netherlands: 79 Austria: 19 Organic sales are revenues generated from the firm's existing operations as opposed to acquired operations. Its eCommerce net sales are generated mostly in the United States. The Americas comprise about 64% of total segment operating income., Starbucks' International segment includes company-owned and licensed store revenue and operating income in China, Japan, Asia Pacific, Europe, Middle East, and Africa. It comprises nearly 22% of total segment revenue. Accessed Nov. 16, 2020. Starbucks has about 182,000 employees across 19,767 company operated & licensed stores in 62 countries. Morocco: 11 Starbucks is by far the largest coffeehouse chain in the world in terms of revenue, generating more than 10 times the revenue of its closest competitor, Costa Coffee, back in 2015. Starbucks revenue breakdown by business segment: 7.9% from CPG, Foodservice and Other, 10.8% from Licensed Stores and 81.3% from Company-operated Stores. As of last September, California had 2,001 Starbucks stores, more than either Canada or Japan and the third-highest total overall, behind only the United States and China. These include white papers, government data, original reporting, and interviews with industry experts. Thailand: 363 Last week, on its fiscal first-quarter earnings call, executives provided an updated picture of Starbucks in China. El Salvador: 12 Starbucks EMEA, which collects royalty income from 38 countries from Norway to Morocco, said it paid “an effective tax rate of 23.7%” – above the UK’s corporate tax rate of 19%. View the latest SBUX financial statements, income statements and financial ratios. Portugal: 20 Starbucks revenue breakdown by geographic segment: 29.7% from Other Countries and 70.3% from United States Starbucks’ Total Revenue has grown by 16% between FY 2016 and FY 2018, and is expected to grow by 10.3% in FY 2019: Starbuck’s total revenues grew from $21.3 billion in … We also reference original research from other reputable publishers where appropriate. Starbucks sells beverages, food, and other items in 83 global markets. 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