Number of Starbucks in the world 2022/2023: facts, statistics and trends - Financesonline.com (2023)

FAQs

How many Starbucks are there in the US 2022? ›

Globally famous coffeehouse chain, Starbucks, accounted for 9,265 company-operated and 6,608 licensed stores in the United States in 2022.

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.

There were 35,711 thousand Starbucks stores worldwide in 2022. This figure also included other segments owned by the coffee-chain such as Siren Retail. Starbucks units have grown almost every year over the past decade.

Starbucks is by far the largest coffeehouse chain in the world in terms of revenue, generating more than 10 times the revenue of its closest competitor, Costa Coffee (Restaurant Business, 2020).

Starbucks, American company that is the largest coffeehouse chain in the world. Its headquarters are in Seattle, Washington.

Market cap: $123.07 Billion

As of February 2023 Starbucks has a market cap of $123.07 Billion. This makes Starbucks the world's 108th most valuable company by market cap according to our data.

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. Starbucks annual revenue for 2021 was $29.061B, a 23.57% increase from 2020.

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.

Is Starbucks market growing or shrinking? ›

Fiscal 2023 Has Begun with Robust Growth Momentum for Starbucks. Following exceptional results last year and management's optimistic outlook, it appears that Starbucks has stepped into fiscal 2023 with robust growth momentum.

Today, with more than 15,000 stores in 50 countries, Starbucks is the premier roaster and retailer of specialty coffee in the world. And with every cup, we strive to bring both our heritage and an exceptional experience to life.

Market share of the leading RTD coffee brands in the U.S. 2022. In the 52 weeks ended May 15, 2022, Starbucks was the leading ready-to-drink (RTD) coffee brand in the United States, with a market share of roughly 41 percent.

The chain plans to open 2,000 net new stores in fiscal 2022, Starbucks said at the end of 2021.

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).

Why is Starbucks so successful internationally? Cultural mindfulness, market research, local partnership, and strong brand integrity are critical factors determining the success of Starbucks' international strategy.

Countries with most Starbucks locations globally as of October 2022. The United States and China came top in the ranking of countries with the largest number of Starbucks stores worldwide as of October 2021.

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.

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.

As of December 2019, the company touted that cold beverages make up more than half of U.S. Starbucks beverage sales Cold foam, in particular, has been a key innovation for the company since 2018. “Cold foam has been key for us from the innovation side of product development,” Marinan said.

Who is Starbucks biggest competitor? ›

Dunkin Donuts

In the US, Dunkin has about 8,500 stores compared to nearly 15,000 Starbucks locations. In terms of revenue, Dunkin' generates just under $1.5 billion annually while Starbucks' annual revenue is $23 billion.

Starbucks is by far the most popular coffee chain in the world, with over 30,000 stores around the globe. One of the largest reasons for their success is tied to how they transformed coffee culture in major countries such as the United States.

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.

Current and historical current ratio for Starbucks (SBUX) from 2010 to 2022. 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 September 30, 2022 was 0.77.

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 makes between $3,800 and $520 per store per day from company-owned stores, implying a profit of between $3,800 and $520. Starbucks is thought to have up to 100 million customers worldwide. Since 1972, Starbucks has provided its customers with a distinctive coffee experience.

If you have ever wondered how much a single store of Starbucks makes - here is some math and other interesting facts. As per a report by Kotak Institutional Equities, a single Starbucks store in India earns a tad over ₹93,000 per day - taking its monthly earnings to around ₹30 lakhs.

Global coffeehouse chain Starbucks reported a net income amounting to 3.28 billion U.S. dollars during the 2022 financial year.

How many people go to Starbucks every day? ›

When it comes to coffee, there is no doubt that Starbucks is one of the most popular coffee brands in the world. In fact, according to a recent study, an estimated 84 percent of Americans have tried Starbucks coffee at least once.

“If the siren is on that cup of coffee, it's going to be awesome.” She also stands for everything that we stand for. “It's definitely about coffee but it's about a lot more than coffee. It's about… being good to people, being good to the world,” Steve said.

Its current revenue for 2022 is $23.84 billion, with its recent quarterly earnings coming in at $9.12 million, down from $1.15 billion in 2021 for the same period.

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).

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.

The restaurant chain's comparable store sales plunged 44% in China in its fiscal third quarter ended July 3. That contributed to a 4-percentage-point decline in Starbucks' overall operating margin, to 15.9%, and a nearly 19% drop in earnings per share, to $0.79.

Today, the company has 35,000 stores around the globe and by 2025 it plans to expand that number to 45,000. By 2030, it plans to have 55,000 stores up and running.

In the future, as seen on Seeking Alpha, the analyst consensus expects Starbucks to keep growing sales at an annual rate of ~11% in the medium term. The EPS (earnings per share) has increased much faster over the past ten years. Starbucks managed to quadruple its EPS over the last decade.

The massive five-story location occupies more than 35,000 square feet, making it the largest Starbucks in the world. The Reserve offers visitors an immersive experience that goes way beyond your usual morning coffee run.

How many reserves does Starbucks have worldwide? ›

There are six Starbucks Reserve roasteries around the world: Chicago, Seattle, Shanghai, Milan, New York, and Tokyo. At these roasteries, visitors can learn more about how the coffee they enjoy at their cafes makes its way to your cup.

Starbucks continues to wield influence over the US coffee shop market, opening 302 net new stores over the last 12 months to achieve a total market share of 41%.

Starbucks has a current ratio of 0.77. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Starbucks has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

Starbucks Corporation is the most popular and strongest brand in the food and beverage industry. Its size, volume, and the number of loyal customers have kept growing over time.

There were 35,711 thousand Starbucks stores worldwide in 2022. This figure also included other segments owned by the coffee-chain such as Siren Retail. Starbucks units have grown almost every year over the past decade.

“Starbucks and its billionaire CEO, Howard Schultz, can well-afford to improve employees' pay and working conditions through unionization,” reads the new report.

International coffee chain Starbucks may be big around the globe, but in Japan, it has developed a cult-like following. Since opening its first outlet in Ginza more than two decades ago in 1996, the Seattle-born brand now has a whopping 1,771 stores (and counting) across the country.

What is this? In the US, Dunkin has about 8,500 stores compared to nearly 15,000 Starbucks locations. In terms of revenue, Dunkin' generates just under $1.5 billion annually while Starbucks' annual revenue is $23 billion.

Fiscal 2023 Has Begun with Robust Growth Momentum for Starbucks. Following exceptional results last year and management's optimistic outlook, it appears that Starbucks has stepped into fiscal 2023 with robust growth momentum.

Is Starbucks the biggest chain in the world? ›

Starbucks, American company that is the largest coffeehouse chain in the world. Its headquarters are in Seattle, Washington.

Oct 24, 2022. Shaquille O'Neal once turned down what later became a lucrative deal for someone else. Starbucks franchisee opportunity: During an episode of Drink Champs, O'Neal explained Starbucks CEO Howard Schultz once offered him a chance to become a franchisee of a location that would open in the hood.

Starbucks competitors include Whitbread, McDonald's, Subway, Dunkin' and Costa.

The coffee experience for Italians is much more personal and intimate than what any Starbucks store would be able to offer. It is about “slow food” as opposed to the American “fast food”. Just think about the plastic cups, for instance, Italians do not like them.

With twenty stores across Northern and Central Italy, Starbucks is committed to embracing Italian culture and coffee heritage. Italy is the country that brought espresso to the world and inspired the concept for what Starbucks has become today.