Starbucks Corporation
_________________________________________________________________________________
Starbucks Corporation Financial Snapshot
Operating Performance
Fast Facts
2401 Utah Avenue South, Seattle, The company reported revenue of US$11,700.40
Headquarters Address
98134,United States of America million during the fiscal year 2011 (2011). The
company's revenue grew at a CAGR of 5.59% during
Telephone + 1 206 4471575
2007–2011, with an annual growth of 9.27% over
2010. In 2011, the company recorded an operating
Fax N/A margin of 14.77%, as against 13.26% in 2010.
Website www.starbucks.com
Revenue and Margins
Ticker Symbol, Stock Exchange SBUX, NASDAQ
Number of Employees 149,000
Fiscal Year End October
Revenue (in US$ million) 11,700.40
SWOT Analysis
Strengths Weaknesses Return on Equity
Diversified product and brand offerings Geographic concentration The company recorded a return on equity (ROE) of
28.41% for the fiscal year 2011, as compared to its
peers, Panera Bread Company (Ticker: PNRA),
Extensive store network Lawsuits Green Mountain Coffee Roasters, Inc. (Ticker:
GMCR) and DOUTOR NICHIRES Holdings Co. Ltd.
Strong financial performance (Ticker: 3087), which recorded ROEs of 20.75%,
10.43% and 4.95% respectively. Furthermore, the
company reported an operating margin of 14.77% in
Third place experience
2011.
Opportunities Threats
Return on Equity
Acquisition of Evolution Fresh, Inc Highly competitive market
New product launches Rising labor costs in the US
New store openings Rising raw material prices
Strategic partnerships
Liquidity Position
The company reported a current ratio of 1.83 in 2011,
as compared to its peers, Panera Bread Company,
Green Mountain Coffee Roasters, Inc. and DOUTOR
NICHIRES Holdings Co. Ltd., which recorded current
ratios of 1.48, 2.40 and 1.84 respectively. As of
October 2011, the company recorded cash and short-
term investments of worth US$2,050.70 million,
against zero current debt. The company reported a
debt to equity ratio of 0.13 in 2011 as compared to its
peers, Panera Bread Company, Green Mountain
Coffee Roasters, Inc. and DOUTOR NICHIRES
Holdings Co. Ltd., which recorded debt to equity
ratios of 0.00, 0.30 and 0.05 respectively.
___________________________________________________________________________________________
Starbucks Corporation - SWOT Profile Page 1
Starbucks Corporation
_________________________________________________________________________________
TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Solvency ..........................................................................................................................................................12
2.2.4 Valuatio