What was the price of Starbucks stock in 2002?
The closing price for Starbucks (SBUX) in 2002 was $4. December 31, 2002. It was up 6. The latest price is $78. What If You Invested $1K in Starbucks’ IPO? Starbucks’ stock (SBUX) was priced at $17 per share when it went public on June 26, 1992.Starbucks has begun work on the coffeehouse of the future, with a new drive-thru standalone prototype that will include 32 seats and will open in fiscal 2026 as the company reimagines its outlets.Starbucks has confirmed the removal of thirteen drinks from its menu on March 4th, 2025. The news came from the brand’s CEO Brian Niccol amongst a broader plan to shrink its menu 30% by the end of this year. Amongst the cuts are a variety of drinks, the majority of them Frappuccinos.In the statement released last week, the CEO added that Starbucks has opened numerous coffeehouses over the past year and the overall company-operated count in North America will decline by about 1% in fiscal year 2025 after accounting for both openings and closures.
What is the profit of Starbucks?
Starbucks annual gross profit for 2024 was $24. B, a 1. Starbucks annual gross profit for 2023 was $24. B, a 12. Starbucks annual gross profit for 2022 was $21. B, a 7. The average licensing cost required to open a Starbucks is a $315,000 licensing fee and a net worth requirement of at least $700,000.This led to the surge of boycotting, causing Starbucks to lose $11 billion within a few weeks after Oct. Starbucks’ stock declined for 12 consecutive stock market sessions, the longest-ever recorded streak since the company went public in 1992.Starbucks annual gross profit for 2024 was $24. B, a 1. Starbucks annual gross profit for 2023 was $24. B, a 12. Starbucks annual gross profit for 2022 was $21. B, a 7.
How much is Starbucks worth in 2025?
Starbucks net worth as of October 21, 2025 is $97. B. Interactive chart of historical net worth (market cap) for Starbucks (SBUX) over the last 10 years. Starbucks net worth as of October 17, 2025 is $94. B. Interactive chart of historical net worth (market cap) for Starbucks (SBUX) over the last 10 years.Result: OVERVALUED Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Starbucks. Our Discounted Cash Flow (DCF) analysis suggests Starbucks may be overvalued by 67. Find undervalued stocks or create your own screener to find better value opportunities.Market cap: $98. Billion USD As of October 2025 Starbucks has a market cap of $98. Billion USD. This makes Starbucks the world’s 209th most valuable company by market cap according to our data.Global political tensions are spilling fast into. Starbucks Corporation, as the company has lost approximately 11 billion dollars in value, erasing 9.
Why is Starbucks costly?
Starbucks is expensive because it sells more than just coffee. The higher price reflects its premium branding, cozy “third place” atmosphere, convenient store locations, consistent drinks worldwide, quality beans, and ethical sourcing. Major dependence on a single product line (coffee) One of Starbucks’ weaknesses is its major dependence on a single product line: coffee. While the company does offer a variety of other products, such as tea, smoothies, and food items, coffee is the primary focus of the business and the main source of its revenue.These declines reflect deeper issues for Starbucks, including a misalignment with customer expectations. Starbucks’ heavy focus on app-based sales has drawn criticism from loyal customers who value the brand’s traditional coffeehouse experience.
Who is the CEO of Starbucks?
Brian Nickel took the reigns at Starbucks setting the company on a journey to get back to its roots. Nickel here in Seattle to talk about the company’s. Starbucks has ousted CEO Laxman Narasimhan, effective immediately. Chipotle CEO Brian Niccol will step in as the coffee chain’s new leader on Sept. Starbucks’ sales have struggled in recent quarters due to shrinking demand in the U. S. China, its two largest markets.Brian R. Niccol (born February 26, 1974) is an American businessman and the chairman and chief executive officer of Starbucks, a role which he started on September 9, 2024, replacing Laxman Narasimhan. He previously was chairman and CEO of Chipotle until August 31, 2024.BRIAN NICCOL joined Starbucks as chief executive officer and chair effective September 9, 2024. He is a proven leader with a record of delighting customers, driving innovation, building culturally relevant brands and ensuring operational excellence.
How do Starbucks make money?
The primary source of revenue for Starbucks comes from its company-operated stores. These are the iconic coffeehouses that we see on street corners and in shopping malls. With thousands of locations worldwide, Starbucks generates substantial revenue from the sale of coffee, beverages, and food items in these stores. Starbucks Coffee doesn’t franchise. All of the Starbucks locations worldwide are corporately owned. That means you can’t open a Starbucks franchise, even though franchising is a classic, successful growth strategy for a myriad of beloved, familiar brands.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. It is the world’s largest coffeehouse chain.On 30 January 2012, Tata Consumer Products Limited and Starbucks announced the creation of a 50:50 joint venture called Tata Starbucks Limited, which will own and operate Starbucks outlets branded as Starbucks Coffee A Tata Alliance in India.With over 80 stores opened in 2024 alone, India stands as one of the fastest-growing markets for Starbucks globally. This growth trajectory, coupled with strategic adaptations, positions Starbucks well to not just compete but also lead in the evolving Indian coffee market.
Why did Starbucks lose $12 billion?
Over the past month, Starbucks’ market cap has plunged some $12 billion after a walkout on its all-important Red Cup Day and a public spat over the Israel-Hamas war with the union representing its baristas. Average Starbucks hourly pay ranges from approximately $13. Scheduler to $37. Quality Assurance Specialist. The average Starbucks salary ranges from approximately $33,526 per year for Kitchen Team Member to $182,559 per year for Engineering Lead.Starbucks annual gross profit for 2024 was $24. B, a 1. Starbucks annual gross profit for 2023 was $24. B, a 12. Starbucks annual gross profit for 2022 was $21. B, a 7.Brand Finance report of the most valuable global brands, the greatest decline of any brand among its top 100. Starbucks 2024 year-end results didn’t help. While it reported basically flat revenues at $36.Starbucks Suffers Record 11-Day Rout as Sales Concerns Build The stock dropped 1. Monday, declining for a 11th consecutive session in what is the longest rout since Starbucks’ public debut in 1992. In total, the slump has erased 9. Starbucks’ market value, a decline of nearly $12 billion.