About This Statistic
This statistic shows the net income of Starbucks from 2007 to 2016. In 2013, Starbucks' net earning amounted to 10 million U.S. dollars, down from approximately 1.38 billion U.S. dollars the previous year.
Coffeehouse chains - additional information
In 2016, the Starbucks Corporation reported earnings amounting to approximately 2.82 billion U.S. dollars. That year, the Seattle-based company was by far the leading coffee house chain around the globe in terms of revenue, followed by Tim Hortons. Other leading coffee house chains include Dunkin’ Donuts, Costa Coffee, Panera Bread and McCafé.
The revenue of the coffee and snack shop industry in the United States has risen steadily since 2002, despite taking a dip in 2009, and was forecasted to reach around 32.46 billion U.S. dollars in 2016, with 55,246 establishments during the same year.
During a survey held by the National Coffee Association in 2016, almost half of the respondents said they drink coffee when they need to wake up, while a minority of the respondents said they drink coffee when they are thirsty or want to have a healthy drink. The same survey found that consumers want to limit their coffee consumption for various reasons. The most common reason (for 45 percent of respondents) was to limit caffeine intake. Interestingly, 16 percent of the survey respondents were worried about the carbon footprint of the coffee they drink and another 16 percent were concerned about the economic inequality for those who grow coffee.