Starbucks Corporation is a Starbucks is one of the most widely recognized restaurant brands in the world, operating 32,900 stores across 83 countries as of December 2020.
Among the S&P 500’s biggest fallers on Thursday March 18 was Starbucks Corporation (SBUX). The stock experienced a 2.57% decline to $107.62 with 7.77 million shares changing hands.
Starbucks Corporation started at an opening price of 109.28 and hit a high of $110.27 and a low of $107.50. Ultimately, the stock took a hit and finished the day at $2.84 per share. Starbucks Corporation trades an average of n/a shares a day out of a total 1.18 billion shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Starbucks Corporation hit a high of $112.34 and a low of $50.03 over the last year.
Starbucks is one of the most widely recognized restaurant brands in the world, operating 32,900 stores across 83 countries as of December 2020. The firm operates in three segments: the Americas, international markets, and through retail channels via channel development. Starbucks primarily generates revenue from company-operated stores, with additional sales coming from royalties, sales of equipment and products to license partners, ready-to-drink beverages, fresh coffee, and single-serve coffee products.
With its headquarters located in Seattle, WA, Starbucks Corporation employs 349,000 people. After today’s trading, the company’s market cap has fallen to $126.7 billion, a P/S of n/a, a P/B of -16.02, and a P/FCF of n/a.