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.
A comprehensive intraday update on Starbucks Corporation featuring real-time market data, leadership shifts, and strategic initiatives.
Starbucks navigates strategic shifts under CEO Brian Niccol, China challenges, and restructuring. Analyst estimates suggest revenue and EPS growth amidst competition and changing tastes.
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A detailed analysis of Starbucks' DEI lawsuit, expansion moves in the Middle East and China, and rising competitive pressures.
Starbucks is expanding globally amid a contentious DEI lawsuit and rising competition from Dunkin', impacting its market strategy.