- Business
- Starbucks Corporation (NASDAQ: SBUX; ETR: SRB) operates as a leading roaster, marketer and retailer of specialty coffee worldwide through company-operated stores, licensed stores, grocery channels and foodservice accounts. The company offers premium roasted coffees, espresso-based hot and cold beverages including lattes, cappuccinos, Frappuccinos and iced drinks; handcrafted teas under the Teavana brand; ready-to-drink bottled beverages; whole bean and ground coffees; single-serve products; packaged foods such as pastries, breakfast sandwiches, lunch items, yogurt parfaits and bakery goods; and premium reserves through Starbucks Reserve Roasteries and stores. Starbucks serves consumer and business customers across three operating segments—North America, International and Channel Development—with more than 35,000 stores in over 80 countries, focusing on urban and suburban markets seeking premium coffee experiences. Founded in 1971 at Seattle's Pike Place Market and headquartered at 2401 Utah Avenue South in Seattle, Washington, the company maintains a global supply chain emphasizing ethically sourced coffee from farmers in key producing regions. In late 2025, Starbucks agrees to sell 60% control of its China operations—comprising approximately 8,000 stores—to Boyu Capital in a $4 billion deal, marking a strategic shift to partner-led growth in its key international market amid competitive pressures; the company also reports fiscal year 2025 results with global comparable store sales up 1%, declares a quarterly dividend of $0.62 per share, and continues investments in digital ordering, sustainability initiatives targeting carbon neutrality by 2030, and supply chain enhancements through prior acquisitions like ingredient supplier Ciranda in 2022.