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Starbucks Corporation (SBUX) |
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Starbucks's Comment on Competitors and Industry Peers
Our primary competitors for coffee beverage sales are quick-service restaurants
and specialty coffee shops. In almost all markets in which we do business, there
are numerous competitors in the specialty coffee beverage business. We believe
that our customers choose among specialty coffee retailers primarily on the basis
of product quality, service and convenience, as well as price. We continue to
experience direct competition from large competitors in the US quick-service restaurant
sector and the US ready-to-drink coffee beverage market, in addition to well-established
companies in many international markets. We also compete with restaurants and
other specialty retailers for prime retail locations and qualified personnel to
operate both new and existing stores.
Our coffee and tea products sold through our Channel Development segment compete
directly against specialty coffees and teas sold through grocery stores, warehouse
clubs, specialty retailers, convenience stores, and US foodservice accounts and
compete indirectly against all other coffees and teas on the market.
Overall company Market Share Q2 2023 |
Starbucks Corporation achieved revenue growth of 12.49 % in Overall company, and improved market share, to approximately 46.14 %.
<< More on SBUX Market Share.
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*Market share is calculated based on total revenue.
Who are Starbucks Corporation's Competitors?
The Wendy s Company Share Performance
-5.39%
Over The Past 5 Days
|
The Wendy s Company
Profile
The Wendy's Company operates a fast-food restaurant chain, specializing in hamburgers, chicken sandwiches, and other fast-food items. Their business model emphasizes high-quality, fresh ingredients, innovative menu offerings, and a focus on customer service.
More about The Wendy s Company's Market Share
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Yum Brands Inc Share Performance
-4.01%
30 Days
|
Yum Brands Inc
Profile
Yum Brands Inc operates as a franchisor and licensor of quick-service restaurants (QSRs) globally. The company earns revenue by granting franchise rights and receiving royalties and fees from its franchisees, who operate restaurants under brands like KFC, Pizza Hut, and Taco Bell.
More about Yum Brands Inc 's Market Share
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Mcdonald s Corporation Share Performance
-3.68%
Over The Past 5 Days
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Mcdonald s Corporation
Profile
McDonald's Corporation's business model revolves around the fast food industry, providing quick-service dining options to customers worldwide. They operate through a franchise model, allowing individual entrepreneurs to purchase and operate McDonald's restaurants under the company's brand name. The corporation focuses on maintaining consistency and standardization across its franchises, offering a diverse menu of affordable and convenient food items, and utilizing efficient operational processes to ensure profitability.
More about Mcdonald s Corporation's Market Share
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Chipotle Mexican Grill inc Share Performance
+22.25%
One Year
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Chipotle Mexican Grill inc
Profile
Chipotle Mexican Grill's business model revolves around offering customers fast-casual dining with a focus on serving fresh food made with high-quality ingredients. They emphasize sustainability and ethical sourcing practices, while providing a customizable menu that caters to individual preferences. The company aims to differentiate itself from traditional fast-food chains by promoting health-conscious options and engaging customers in their food choices.
More about Chipotle Mexican Grill inc 's Market Share
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Restaurant Brands International Limited Partnershi Share Performance
0.00%
This Quarter
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Restaurant Brands International Limited Partnershi
Profile
The business model of Restaurant Brands International Limited Partnership is focused on acquiring and managing quick service restaurant chains globally. The company operates through a franchise model, allowing it to expand its footprint without significant capital investment. By leveraging the iconic brands under its portfolio, such as Burger King, Tim Hortons, and Popeyes, the company aims to drive growth and profitability through consistent franchise fee and royalty streams.
More about Restaurant Brands International Limited Partnershi's Market Share
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Bab Inc Share Performance
-17.47%
This Year
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Bab Inc
Profile
Bab Inc operates a franchise business model where they license their brand and business concept to independent operators. These operators are responsible for opening and operating individual locations in specific territories and pay fees and royalties to Bab Inc in exchange for support and use of the brand. Bab Inc focuses on the fast-food restaurant industry and primarily operates its franchise brands in food court locations.
More about Bab Inc 's Market Share
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