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Starbuck Corporation

In: Business and Management

Submitted By sharmiza
Words 4089
Pages 17
Starbucks Corporation
Company Profile

12/15/2011

Company Overview:
Starbucks Corporation is a premier roaster and retailer of specialty coffee. The company operates in the US, Asia Pacific, the Europe Middle East Africa (EMEA) region, and Latin America. Starbucks is headquartered in Seattle, Washington and employs 137,000 people.
The company recorded revenues of $10,707.4 million during the financial year ended September 2010* (FY2010), an increase of 9.5% over FY2009. The operating profit of the company was $1,419.4 million in FY2010 compared to an operating profit of $562 million in FY2009. The net profit was $945.6 million in FY2010 compared to a net profit of $390.8 million in FY2009.
*Starbucks's financial year ends on the Sunday closest to September 30. The financial year ended October 3, 2010 was a 53-week period whereas the financial year ended September 27, 2009 was a 52-week period.
Key Facts:
2401 Utah Avenue South, Seattle, Washington 98134, USA
T: 1 206 447 1575 www.starbucks.com * NASDAQ National Market Ticker: SBUX * No. of Employees: 137,000 * Turnover (US$ Mn): 10,707.4 * Financial Year End: September
Mission:
To inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.
Vision:
We are committed to doing business responsibly and conducting ourselves in ways that earn the trust and respect of our customers, partners and neighbors.

Business description:
Starbucks Corporation specializes in coffee and other related beverages. The company sells coffee, Italian-style espresso beverages, cold blended beverages and complementary food items, a selection of premium teas, and coffee-related accessories and equipment. Some of the key brands under which the company offers its products include Starbucks, Tazo Tea, Seattle's Best Coffee and Starbucks VIA Ready Brew. At the

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