Starbucks Corporation

Industry: Restaurants

Fortune Rank: 241

SBUX purchases, roasts and sells high quality whole bean coffees, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages and a variety of pastries. For the 39 weeks ended 7/3/05, net sales rose 23% to $4.71B. Net income rose 29% to $370.9M. Revenues reflect the opening of new stores and a growth in comparable store sales. Net income also reflects leverage gained on fixed occupancy costs.

Starbucks Corporation purchases and roasts whole bean coffees and sells them along with brewed coffees, Italian-style espresso beverages, cold blended beverages, a variety of food items, coffee-related accessories and equipment, a selection of teas and a line of compact discs, primarily through Company-operated retail stores. Starbucks also sells coffee and tea products through other channels. Through certain of its equity investees, Starbucks produces and sells bottled Frappuccino and Starbucks DoubleShot coffee drinks and a line of ice creams. The Company has two operating segments: United States and International, each of which includes Company-operated retail stores and Specialty operations. During the fiscal year ended October 10, 2004 (fiscal 2004), the Company had approximately 700 Company-operated, drive-thru locations, and 8,337 stores. In fiscal 2004, the Company introduced the Starbucks Hear Music Coffeehouse, a music store in Santa Monica, California.

Starbucks Corporation

Starbucks Corporation is a Fortune 500 company. In 2010 Starbucks Corporation was ranked number 241 on the Fortune 500 list, making it the 241st largest company in the United States when judged by revenue.

Starbucks Corporation achieved revenue of $9,774.60 million in 2010 and earned a profit of $390.80 million.

Starbucks Corporation' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 241st compared to 261st in 2009. This was based on its 2009 revenue of $10,383 million (a change of -1 million compared to 2010) and profits of $316 million (a change of $75 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Starbucks Corporation would be ranked 246th rather than 241st due to its profits of $391 in 2010.

Starbucks Corporation Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts