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Year Revenue in mil. US$ Net income in mil. US$ Total assets in mil. US$ Average price per share in US$ [citation needed] Employees 2005 6,369 494 3,514 13.40 115,000 2006 7,787 564 4,429 17.62 145,800 2007 9,412 673 5,344 14.12 172,000 2008 10,383 316 5,673 7.61 176,000 2009 9,775 391 5,577 7.87 142,000 2010 10,707 946 6,386 13.07 137,000 2011 ...
For the full fiscal year, Starbucks' revenue rose 11.6% to $35.9 billion. The company said it expects revenue growth at the low end of a 10% to 12% range for the upcoming fiscal year.
A year later, McDonalds conceded that Starbucks was "winning the coffee wars" by cornering the caffe latte market. [51] Competing firms have retooled their market expansion by spinning off divisions to finance store openings. In 2018 Starbucks sold its packaged coffee business to Nestlé in order to free up $7.2 billion for their stores. [52]
Starbucks Rewards members increased 4% year over year to 33.8 million in Q4, in line with Q2. It has yet to return to the 34.3 million in Q1. Earnings breakdown
Home & Garden. Lighter Side. Medicare. News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ... This past year, Starbucks ...
While revenue was growing broadly, it was largely dependent on new store openings creating unsustainable (or inorganic) growth. [38] A Starbucks cafe in Xixi National Wetland Park, Hangzhou China. On January 7, 2008, after an eight-year hiatus, Schultz returned as CEO of Starbucks during the height of the 2008 financial crisis.
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At its investor day last September, Starbucks projected earnings per share growth of 15% to 20% annually over the next three years and annual same-store sales growth of 7% to 9%.