About StarbucksCopy link to section
What is Starbucks?Copy link to section
Starbucks is a well-known coffeehouse chain. Founded in Seattle in 1971, it has grown into a global chain with over 30,000 locations in 80 countries. The company is famous for its high-quality coffee and comfortable atmosphere. It has a loyal following of customers and offers a wide range of coffee drinks, including classic drip coffee, espressos, cappuccinos and more.
How does Starbucks make money?Copy link to section
Starbucks makes money by selling food and beverages from its global chain of cafes. It primarily sells coffee, tea, pastries, and other food and beverage items. It also has a range of branded products, such as mugs, tumblers, and premium coffee beans, that it sells in-store and online.
What is Starbucks’s best selling product?Copy link to section
Starbucks makes most of its revenue from its company-operated store segment. In Q1 of 2023, the company made $8.7 billion in net revenue from the sector. This segment includes stores owned and operated by the company instead of those owned by third parties.
Who are the key executives at Starbucks?Copy link to section
Laxman Narasimhan was recently named the company’s CEO. Its founder, Howard Schultz, currently serves on its board of directors. Here are a few other key executives working at Starbucks.
- Howard D. Schultz. Founder, Director
- Laxman Narasimhan. Chief Exec. Officer
- Rachel Ruggeri. Exec. VP, CFO & Principal Accounting Officer
- Michael A. Conway. Group Pres of International & Channel Devel.
- Tiffany Willis. VP of Head of Investor Relations
- Ashish Mishra. Sr. VP, Deputy Gen. Counsel and Chief Ethics & Compliance Officer
- Zabrina M. Jenkins. Interim Exec. VP & Gen. Counsel
- Aranthan Jones II. Exec. VP & Chief Communications Officer of Public Affairs
- Brady Brewer. Exec. VP & Chief Marketing Officer
- Chris Gann CCP. Sr. VP of Total Pay
Where can I buy shares in Starbucks?Copy link to section
You can buy Starbucks stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in Starbucks?Copy link to section
The simplest way to invest in Starbucks is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
More about the SBUX priceCopy link to section
What is the Starbucks stock price today?Copy link to section
The SBUX stock price today is currently $99.85 as of 21 March, 2023. The price of Starbucks is down 2.59% in 2023. You can use the live Starbucks stock chart to track the NASDAQ:SBUX price in real time above, or compare the Starbucks value today to its past performance using the Starbucks financials tab at the top of this page.
What is the 52-week low for Starbucks stock?Copy link to section
The 52-week low for Starbucks stock is $68.39. SBUX stock is currently 44.75% above the 52-week low.
What is the 52-week high for Starbucks stock?Copy link to section
The 52-week high for Starbucks stock is $110.83. SBUX stock is currently 9.88% below the 52-week high.
What is the stock forecast for Starbucks?Copy link to section
The average Starbucks stock forecast has a price target of $112.81 by the end of 2023. Starbucks’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.
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FAQsCopy link to section
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