In: Operations Management
write a company overview on Starbucks
Starbucks corporation is a company which serves its customers as a limited service cafe. It operates more than 30,000 stores and number of employees stand at 2,91,000 as per the data of 2018.
Mission - To inspire and nurture the human spirit - one person, one cup and one neighborhood at a time.
Products of Starbucks -
Brand Portfolios -
Starbucks includes so many brands in its name. These are:
1. Starbucks Coffee,
2. Seattle's Best coffee,
3. Teavana
4. Evolution Fresh
5. Ethos Water
6. Torrefazione Italia Coffee
Investment Information -
Starbucks lauched its shares for public on June 26, 1992 at a price of $17 per share, and closed the trading at first day at $21.50 per share. It is listed in NASDAQ with the name SBUX.
Company this year in first quarter -
1. Global comparable store sales went up by 5%.
2. 539 new stores were opened in Q1. This takes the total number of stores to 31,795.
3. Consolidated net revenue of the company stood at $7.1 Billion, it is a growth of 7% to the prior year.
4. Earnings per share were captured at $0.74, which is 21% growth to the prior year.
5. Return of $1.6 billions to shareholders in terms of dividends and repurchases.
6. The total liabilities stood at $34,490.4 Million in December 2019.
Above are the listed general overview of the Starbucks Corporation.