Starbucks Corp
XMUN:SRB
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
S
|
Starbucks Corp
XMUN:SRB
|
US |
|
D
|
Deutsche Post AG
XHAM:DHL
|
DE |
Starbucks Corp
Starbucks sells coffee, espresso drinks, tea, cold beverages, bakery items, breakfast sandwiches, and packaged coffee products. It runs company-owned stores and also licenses many locations to other operators, including shops in airports, grocery stores, and other high-traffic places. Customers are everyday coffee drinkers, commuters, students, and office workers who want a quick drink, snack, or place to stop in. The company makes money mainly from selling drinks and food in its stores, plus from licensed stores, packaged coffee, ready-to-drink beverages, and branded products sold through grocery and other retail channels. Its business depends on getting people to come back often for routine purchases, which makes it more like a daily habit business than a one-time product seller. Starbucks also earns money by selling coffee beans and related products to retailers and food-service partners. What makes Starbucks different is that it sits between a restaurant chain and a consumer brand. Its cafés are the main storefront, but its brand also lives in grocery aisles, convenience stores, and bottled drinks made with partners. That gives Starbucks multiple ways to reach customers while keeping coffee, customization, and store experience at the center of the business.
Starbucks sells coffee, espresso drinks, tea, cold beverages, bakery items, breakfast sandwiches, and packaged coffee products. It runs company-owned stores and also licenses many locations to other operators, including shops in airports, grocery stores, and other high-traffic places. Customers are everyday coffee drinkers, commuters, students, and office workers who want a quick drink, snack, or place to stop in.
The company makes money mainly from selling drinks and food in its stores, plus from licensed stores, packaged coffee, ready-to-drink beverages, and branded products sold through grocery and other retail channels. Its business depends on getting people to come back often for routine purchases, which makes it more like a daily habit business than a one-time product seller. Starbucks also earns money by selling coffee beans and related products to retailers and food-service partners.
What makes Starbucks different is that it sits between a restaurant chain and a consumer brand. Its cafés are the main storefront, but its brand also lives in grocery aisles, convenience stores, and bottled drinks made with partners. That gives Starbucks multiple ways to reach customers while keeping coffee, customization, and store experience at the center of the business.
Turnaround progress: Starbucks said Q2 was a milestone quarter, with growth on both the top and bottom line for the first time in more than 2 years.
Sales momentum: Revenue was $9.5 billion, up 8% year over year, and global comparable sales rose 6.2%, led by the U.S. and North America.
Margin recovery: Consolidated operating margin improved to 9.4%, up 110 basis points, helped by international recovery and cost discipline.
Guidance raised: Management lifted fiscal 2026 guidance for global comp growth to 5% or better and EPS to $2.25 to $2.45; revenue is now expected to be roughly flat year over year because of the China JV change.
Operations improving: The company said service times, staffing, and throughput continue to improve, and more than 300 store uplifts are complete with over 1,000 expected by year-end in the top 20 markets.
Rewards and product: The revamped rewards program is already driving higher engagement, while menu innovation like refreshers, Cold Foam, and bakery items is supporting traffic and ticket growth.
China transition: Starbucks’ transaction with Boyu closed after quarter-end, bringing in about $3.1 billion in gross cash proceeds and shifting China to a licensing/JV structure.
Macro caution: Management remains constructive on demand but is being cautious about the rest of the year because of uncertainty around gas prices, fuel, tariffs, and coffee costs.
Management
Bradley E. Lerman has been a prominent figure in the legal and corporate governance sphere. Before his tenure at Starbucks, he held significant roles at major corporations, showcasing a strong background in legal affairs, compliance, and corporate strategy. At Starbucks, Lerman served as the General Counsel, where he was responsible for overseeing the company's global legal operations, including matters related to compliance, labor relations, litigation, and regulatory affairs. His experience includes leadership positions that highlight his expertise in navigating complex legal landscapes, supporting business objectives, and ensuring adherence to international laws and regulations. Prior to his role at Starbucks, Lerman has held executive positions in other multinational companies, contributing to their legal and business strategies.
Michael A. Conway is a prominent figure in the coffee industry, currently serving as an executive leader at Starbucks Corporation. As of his latest roles, he has held the position of Group President of International and Channel Development at Starbucks. In this capacity, Conway is responsible for overseeing Starbucks’ operations and growth strategies in international markets outside of the United States, as well as leading the channel development segment, which includes various business channels such as retail products and ready-to-drink beverages available in grocery and convenience stores globally. Conway brings a wealth of experience in brand expansion and operational management to Starbucks. His strategic acumen has been pivotal in driving international market penetration and establishing partnerships that further the company's global footprint. Under his leadership, Starbucks has been able to expand its presence into new markets and enhance its offerings through innovative retail channels. Before joining Starbucks, Michael Conway held leadership roles at other major companies, which contributed to his expertise in navigating complex market dynamics and developing effective growth strategies. His leadership style is characterized by a strong focus on team development, customer engagement, and sustainable business practices, aligning with Starbucks' corporate values. Conway's contributions to Starbucks are notable for enhancing the brand's penetration in competitive international landscapes, fostering cross-cultural business relationships, and driving sustainable growth initiatives, thus playing a crucial role in Starbucks' continued worldwide expansion and success.
Conway brings a wealth of experience in brand expansion and operational management to Starbucks. His strategic acumen has been pivotal in driving international market penetration and establishing partnerships that further the company's global footprint. Under his leadership, Starbucks has been able to expand its presence into new markets and enhance its offerings through innovative retail channels.
Before joining Starbucks, Michael Conway held leadership roles at other major companies, which contributed to his expertise in navigating complex market dynamics and developing effective growth strategies. His leadership style is characterized by a strong focus on team development, customer engagement, and sustainable business practices, aligning with Starbucks' corporate values.
Conway's contributions to Starbucks are notable for enhancing the brand's penetration in competitive international landscapes, fostering cross-cultural business relationships, and driving sustainable growth initiatives, thus playing a crucial role in Starbucks' continued worldwide expansion and success.
Sara Kelly is the Executive Vice President and Chief Partner Officer at Starbucks Corporation. In her role, she oversees the company's global partner resources (human resources) operations, championing initiatives related to talent management, organizational development, and employee engagement. Since joining Starbucks, Kelly has been instrumental in shaping the company's culture and fostering an inclusive environment that prioritizes partner experience and development. Her leadership focuses on supporting Starbucks’ mission and values, ensuring a diverse and equitable workplace, and enhancing the growth and success of the company's global workforce.
Bao Giang Val Bauduin is an accomplished executive currently serving as the Senior Vice President and Chief Accounting Officer at Starbucks Corporation. In this key role, he is responsible for overseeing the company's accounting functions, ensuring financial integrity, and contributing to strategic financial planning. Before joining Starbucks, Bauduin accumulated significant experience in the financial sector. He held a leadership role at William Sonoma, where he was responsible for various financial operations. His expertise spans financial reporting, internal controls, and process improvements, skills he has utilized to drive efficiency and accuracy in accounting practices. Bauduin's educational background includes a strong emphasis on finance and accounting, with relevant degrees that have positioned him well for his roles in financial leadership. His career is marked by a commitment to excellence, operational improvement, and strategic financial management. His contributions to Starbucks are part of the company's broader efforts to maintain financial transparency and uphold its reputation as a leader in the global coffee industry. Under his financial stewardship, Starbucks continues to emphasize growth, innovation, and sustainable financial practices.
Before joining Starbucks, Bauduin accumulated significant experience in the financial sector. He held a leadership role at William Sonoma, where he was responsible for various financial operations. His expertise spans financial reporting, internal controls, and process improvements, skills he has utilized to drive efficiency and accuracy in accounting practices.
Bauduin's educational background includes a strong emphasis on finance and accounting, with relevant degrees that have positioned him well for his roles in financial leadership. His career is marked by a commitment to excellence, operational improvement, and strategic financial management.
His contributions to Starbucks are part of the company's broader efforts to maintain financial transparency and uphold its reputation as a leader in the global coffee industry. Under his financial stewardship, Starbucks continues to emphasize growth, innovation, and sustainable financial practices.
Deborah L. Hall Lefevre is a distinguished executive known for her role at Starbucks Corporation. Serving as the Chief Technology Officer, she is responsible for leading the company's technology strategy and overseeing initiatives that enhance the digital customer experience. Her leadership focuses on leveraging technology to drive innovation and improve operational efficiency across Starbucks' global operations. Before joining Starbucks, Hall Lefevre accumulated extensive experience in the technology sector, having held key positions at major companies. She was the Senior Vice President and Chief Information Officer at International Dairy Queen, where she led technology transformation efforts. Her career also includes significant roles at American Express, where she managed technology strategy and development, showcasing her expertise in harnessing technology for business growth. Hall Lefevre is recognized for her strategic vision and ability to integrate cutting-edge technologies in customer-oriented businesses. Her leadership style emphasizes collaboration, innovation, and the adoption of technologies that align with business goals. Through her work at Starbucks, she continues to play a vital role in shaping the company’s digital landscape, ensuring that technology serves as a pivotal catalyst for enhancing customer experiences and expanding the company’s global presence.
Before joining Starbucks, Hall Lefevre accumulated extensive experience in the technology sector, having held key positions at major companies. She was the Senior Vice President and Chief Information Officer at International Dairy Queen, where she led technology transformation efforts. Her career also includes significant roles at American Express, where she managed technology strategy and development, showcasing her expertise in harnessing technology for business growth.
Hall Lefevre is recognized for her strategic vision and ability to integrate cutting-edge technologies in customer-oriented businesses. Her leadership style emphasizes collaboration, innovation, and the adoption of technologies that align with business goals. Through her work at Starbucks, she continues to play a vital role in shaping the company’s digital landscape, ensuring that technology serves as a pivotal catalyst for enhancing customer experiences and expanding the company’s global presence.
Tiffany Willis serves as the Executive Vice President and Chief Accounting Officer (CAO) at Starbucks Corporation. In her role, she is responsible for overseeing the company's accounting functions, ensuring financial integrity, and maintaining compliance with financial regulations. Tiffany brings a wealth of experience in finance and accounting to Starbucks, having held various leadership positions in the industry. Under her leadership, the accounting team supports Starbucks' financial objectives and contributes to its strategic goals by providing accurate and timely financial reporting. As a CPA, she exemplifies professionalism and expertise in her field, which is instrumental in driving the company's fiscal health and stability.
Dominic Carr is a prominent executive at Starbucks Corp, serving as the Senior Vice President of Global Communications. In this role, he is responsible for overseeing the company’s global communications strategy, including media relations, public affairs, and corporate communications. Carr's leadership is instrumental in shaping the brand's public image and managing its communication efforts worldwide. Before joining Starbucks, Carr held several senior positions in communications and public relations at major companies, bringing with him a wealth of experience in strategic communications. His expertise spans various sectors, lending depth and insight to Starbucks’ communication strategies. Carr is known for his ability to effectively navigate complex communication challenges and craft messages that resonate with diverse global audiences. His career reflects a commitment to transparency, innovation, and a keen understanding of the media landscape, helping to strengthen Starbucks' brand identity across the globe.
Before joining Starbucks, Carr held several senior positions in communications and public relations at major companies, bringing with him a wealth of experience in strategic communications. His expertise spans various sectors, lending depth and insight to Starbucks’ communication strategies. Carr is known for his ability to effectively navigate complex communication challenges and craft messages that resonate with diverse global audiences. His career reflects a commitment to transparency, innovation, and a keen understanding of the media landscape, helping to strengthen Starbucks' brand identity across the globe.
