Number of Starbucks Worldwide 2022/2023: Facts, Statistics, and Trends - Financesonline.com (2023)

FAQs

How many Starbucks are there in the world 2023? ›

Countries with the most Starbucks location

This may be one of the reasons why it has the most stores. However, Starbucks has spread all over the world with over 33,833 stores in more than 80 countries out of 195 countries in the world.

Top 10 Starbucks Statistics for Curious Coffee Addicts

On average, a Starbucks barista earns $12.47 an hour. Starbucks offers customers 170,000 different ways to customize their drinks. Starbucks' consolidated net revenues in 2021 reached $29.1 billion. As of November 2021, the company's net worth is estimated at cca.

Starbucks revenue for the quarter ending December 31, 2022 was $8.714B, a 8.24% increase year-over-year. Starbucks revenue for the twelve months ending December 31, 2022 was $32.914B, a 8.41% increase year-over-year. Starbucks annual revenue for 2022 was $32.25B, a 10.98% increase from 2021.

Stock Price Forecast

The 27 analysts offering 12-month price forecasts for Starbucks Corp have a median target of 115.00, with a high estimate of 138.00 and a low estimate of 91.00. The median estimate represents a +10.00% increase from the last price of 104.55.

Net revenues for the North America segment grew 6% (15% on a 13-week basis) over Q4 FY21 to $6.1 billion in Q4 FY22, primarily driven by an 11% increase in company-operated comparable store sales, driven by a 10% increase in average ticket and a 1% increase in transactions, net new store growth of 3% over the past 12 ...

Starbucks, American company that is the largest coffeehouse chain and one of the most recognizable brands in the world. Its headquarters are in Seattle, Washington.

Global chain Starbucks will aim to innovate its menu as consumer trends indicate a 'dominant shift' towards plant-based food. 'Plant-based' has been identified as the number one trend in 2021 for food and beverages, and this will be at the forefront of new items at Starbucks.

So, who is Starbucks' target market, really? Starbucks markets to both males and females, in a wide age group of 22 to 60 years, with a focus mostly on urban and suburban centers. The target market is relatively affluent – middle and upper class – as well as educated, socially aware, active and busy.

How fast is Starbucks growing? ›

Globally, the chain expects to approach 45,000 stores by the end of 2025 and is on track to reach nearly 55,000 stores by 2030. Starbucks is throwing down the growth gauntlet, announcing it will spend the next three years raising comparable store sales growth and adding locations around the world.

Starbucks is popular because it provides a welcoming, ambient space to enjoy its drinks. While comparatively expensive, Starbucks' drinks offer affordable luxury from a coveted brand. The company's strategic digital strategy, limited edition drinks, and app add to its allure.

Patrons of Starbucks Coffee cut across a variety of age groups, interests, and geographies, but their core customers are described as young, urban, and affluent – typically college educated with an average age of 42, and an average income of about $90,000 according to The Motley Fool.

Starbucks gross profit for the twelve months ending December 31, 2022 was $22.313B, a 5.52% increase year-over-year. Starbucks annual gross profit for 2022 was $21.933B, a 7.93% increase from 2021. Starbucks annual gross profit for 2021 was $20.322B, a 28.43% increase from 2020.

Starbucks has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors: 1. The debt burden that the company has as measured by its Interest Coverage (current year).

In the fiscal 2023 first quarter (ended Jan. 1), Starbucks was able to increase revenue 8.2% year over year to $8.7 billion. Diluted earnings per share (EPS) of $0.74 were up 7.2%. The figures showed strong top- and bottom-line gains, but they slightly missed Wall Street estimates.

In addition, Starbucks' main revenue driver is comprised of beverages which generated over $19.5 billion in 2022, followed by food, which generated over $3.5 billion in the same year. What is this? Starbucks had 18,253 operated stores vs. 17,458 licensed stores in 2022.

Following exceptional results last year and management's optimistic outlook, it appears that Starbucks has stepped into fiscal 2023 with robust growth momentum. Specifically, in fiscal Q4 results, Starbucks posted year-over-year revenue growth of 3.2% to a quarterly record of $8.41 billion.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Starbucks current ratio for the three months ending December 31, 2022 was 0.75. Starbucks Corp. is a roaster and retailer of specialty coffee globally.

Is Starbucks one of the biggest companies in the world? ›

Starbucks is the largest coffee company in the world. With annual revenue of over $29 billion, it sells more product than McDonald's (with annual revenue of ($23.2 billion).

Overall company Market Share Q4 2022

Due to strong revenue growth of 27.29 % in Overall company Starbucks Corporation improved its market share, to approximate 45.6 %. << More on SBUX Market Share.

The Iced Caramel Macchiato is one of the most popular Starbucks drinks made from one of the chain's most popular flavors: caramel. The drink has been around for 25 years. Starbucks notes it's one of the company's top six cold coffees, and it's a go-to drink year-round.

Market cap: $114.21 Billion

As of March 2023 Starbucks has a market cap of $114.21 Billion. This makes Starbucks the world's 109th most valuable company by market cap according to our data.

Starbucks has 15,836 locations in the United States. The city with the most locations is New York City, with 196.

Starbucks is by far the most popular coffee chain in the world, with over 30,000 stores around the globe.

Starbucks. With annual revenues of $23.52 billion, Starbucks tops the list of best coffee brands in the world. The world's largest coffee retailer, headquartered in Seattle, US, was founded in 1971. At present, its operations span across more than 33,800 stores in 80 countries.

First of all, here are the size options traditionally offered at Starbucks: tall (12 ounces), grande (16 ounces), venti (24 ounces), and trenta (31 ounces).

As early as 2008, Starbucks took to social media and has dominated that realm ever since. Its well-received presence on Facebook, Twitter, Instagram, and Pinterest treats coffee as something to be shared with friends and family.

What are the current challenges of Starbucks? ›

In everything we do, we are always dedicated to Our Mission: to inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time.

We're a neighborhood gathering place, a part of your daily routine. Get to know us and you'll see: we are so much more than what we brew. We call our employees partners because we are all partners in shared success.

Starbucks uses a large variety of channels to market their product from social media to TV spots and ads. It's their mix of marketing media that makes their brand recognizable, and it's the consistent message that comes across every time that makes them stand out.

Starbucks competitors include Whitbread, McDonald's, Subway, Dunkin' and Costa. Starbucks ranks 1st in Employee Net Promoter Score on Comparably vs its competitors.

Starbucks' busiest month, by far, is December, followed by November and October, says Second Measure.

There are over 474,463 baristas currently employed in the United States. 69.7% of all baristas are women, while 30.3% are men. The average age of an employed barista is 23 years old.

Morning Shifts 4 a.m. - 1 p.m. Midday Shifts 8 a.m. - 4 p.m. Evening Shifts 3 p.m. to 11 p.m. Differs.

There are a few key things that make Starbucks different from other companies. One is that Starbucks is very focused on the customer experience. They work to create a warm and inviting atmosphere in their stores and train their employees to provide excellent customer service.

What makes Starbucks business successful? ›

By offering a pleasurable and relaxing customer experience, Starbucks has been successful in focusing the customers' attention on the quality of the experience, the enjoyable memories that can be woven together in its stores and not on the pricing of its products.

Coffee lovers rejoice — the long-awaited Starbucks Reserve Roastery is now open on The Magnificent Mile. The massive five-story location occupies more than 35,000 square feet, making it the largest Starbucks in the world.

Selling coffee of the highest quality.

Accordingly, the coffee chain giant focuses on the quality of its products and customers pay premium prices for high quality. Excellent customer services as one of the solid sources of Starbucks competitive advantage further increases the attractiveness of the coffee retailer.

Howard Schultz is a transformative leader who built Starbucks over four decades into one of the world's most recognized and respected businesses, a company committed to strengthening communities through human connection and innovation.

Starbucks now serves more than 100 million customer occasions across 78 markets around the world.

In fiscal 2013, Starbucks had more than 3 billion customer visits to our more than 19,000 stores in 62 countries.

By 2030, it plans to have 55,000 stores up and running. That's a 57% increase within eight years, which is no small task. One of the ways Starbucks is going to achieve this without breaking the bank is by utilizing smaller store formats that can help provide customers with more convenience.

Is Starbucks in all 50 states? ›

Starbucks is currently present in 50 states across the United States of America. The coffee chain is headquartered in Seattle, Washington and was founded in 1971. Some of the most popular states that Starbucks is in include California, New York, Florida, and Illinois.