Starbucks Corporation is a Through a global chain of more than 32,600 company-owned and licensed stores, Starbucks sells coffee, espresso, teas, cold blended beverages, food, and accessories.
Among the biggest risers on the S&P 500 on Tuesday December 29 was Starbucks Corporation ($SBUX), popping some 1.24% to a price of $105.63 a share with some 4.76 million shares trading hands.
Starting the day trading at $104.89, Starbucks Corporation reached an intraday high of $105.78 and hit intraday lows of $104.47. Shares gained $1.29 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 1.17 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $50.03 to $106.09.
Through a global chain of more than 32,600 company-owned and licensed stores, Starbucks sells coffee, espresso, teas, cold blended beverages, food, and accessories. The company also distributes packaged and single-serve coffee, tea, juice, and pastries through its own stores, grocery store chains, and warehouse clubs under the Starbucks and Teavana brands under the Global Coffee Alliance partnership with Nestle. In addition, Starbucks markets bottled beverages, ice creams, and liqueurs through partnerships with Pepsi, Anheuser-Busch, Tingyi, and Arla. In fiscal 2020, Starbucks’ Americas segment (including the U.S.) represented 70% of total revenue, followed by the international segment (including China) at 22%, then channel development at 8%.
Starbucks Corporation has its corporate headquarters located in Seattle, WA and employs 349,000 people. Its market cap has now risen to $123.98 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B -15.88, and P/FCF n/a.