This statistic shows the quarterly revenue of Starbucks Corporation worldwide from 2009 to 2016. During the first quarter of Starbucks' 2014 fiscal year, the coffee chain generated approximately 4.24 billion U.S. dollars in revenue.
Starbucks - additional information
Since Starbucks first opened in 1971 in Seattle, Washington, the company has expanded rapidly and now has the largest number of stores worldwide within the coffee chain industry. As of May 2014, Seoul, the capital of South Korea, was the city with the largest number of Starbucks stores. South Korea itself, however, was placed only sixth in a ranking of the countries with the most Starbucks stores. The country had 632 stores as of May 2014, which seems small in comparison to the 11.5 thousand Starbucks stores located in the United States at the same time.
Starbucks’ product portfolio includes a variety of hot and cold beverages in addition to its classic coffee and tea refreshments. Starbucks also sells a number of food items ranging from sandwiches, paninis, and salads to muffins, cakes, and scones. Despite its growing food menu, more than half of Starbucks’ revenue was still generated by beverage sales in 2014.
In terms of revenue, Starbucks is by far the largest coffeehouse chain worldwide, generating more than 16 billion U.S. dollars in revenue in 2014. The company’s closest competitor is Canadian coffee shop chain Tim Hortons, which raised just over three billion U.S. dollars in revenue during the same year. In December 2014, Tim Hortons merged with U.S. fast food chain Burger King to form Restaurant Brands International, now one of the largest fast food companies worldwide.