Starbucks

Starbucks Corporation
Company typePublic
ISINUS8552441094 Edit this on Wikidata
IndustryCoffee shop
FoundedMarch 30, 1971 (1971-03-30)
Pike Place Market, Elliott Bay, Seattle, Washington, U.S.
Founders
HeadquartersStarbucks Center,
Seattle, Washington
,
U.S.
Number of locations
38,038 (2023)
Area served
84 countries
Key people
Products
  • Coffee beverages
  • smoothies
  • tea
  • baked goods
  • sandwiches
RevenueIncrease US$35.98 billion (2023)
Increase US$5.871 billion (2023)
Increase US$4.125 billion (2023)
Total assetsIncrease US$29.45 billion (2023)
Total equityNegative increase US$−7.99 billion (2023)
Number of employees
c. 381,000 (2023)
Subsidiaries
Websitestarbucks.com
Footnotes / references
Financials as of October 1, 2023.
References:[1][2][3]
Interior of the Pike Place Market location in 1977
Howard Schultz served as chief executive from 1986 to 2000, and again from 2008 to 2017.

Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971, and is currently the world's largest coffeehouse chain.

As of November 2022, the company had 35,711 stores in 80 countries, 15,873 of which were located in the United States. Of Starbucks' U.S.-based stores, over 8,900 are company-operated, while the remainder are licensed.[4]

The rise of the second wave of coffee culture is generally attributed to Starbucks, which introduced a wider variety of coffee experiences. Starbucks serves hot and cold drinks, whole-bean coffee, micro-ground instant coffee, espresso, caffe latte, full and loose-leaf teas, juices, Frappuccino beverages, pastries, and snacks. Some offerings are seasonal or specific to the locality of the store. Depending on the country, most locations provide free Wi-Fi Internet access.

  1. ^ Kavilanz, Parija (January 5, 2011). "Starbucks unveils a new logo". CNN.
  2. ^ "Starbucks Corporation 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. November 17, 2023.
  3. ^ "Financial Data: Quarterly Results".
  4. ^ "Starbucks stores: U.S. and international". Statista. Retrieved November 29, 2021.