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Starbucks Corporation  (SBUX)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services

Starbucks's

Competitiveness


 

SBUX Sales vs. its Competitors Q1 2024



Comparing the current results to its competitors, Starbucks reported Revenue decrease in the 1 quarter 2024 year on year by -1.8 %, despite the revenue increase by the most of its competitors of 11.2 %, recorded in the same quarter.

List of SBUX Competitors

With a net margin of 9.02 % Starbucks achieved higher profitability than its competitors.

More on SBUX Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Starbucks CorporationNet Income in the 1 quarter 2024 fell year on year by -14.95%, slower than its competitors' income growth of 11.17 %

<<  SBUX Stock Performance Comparisons


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 Q1 2024

Overall company, revenue fell by -1.8 % and company lost market share, to approximately 40.19 %.




<<  More on SBUX Market Share.
 
*Market share is calculated based on total revenue.

  News about Starbucks Corporation Contracts

Starbucks Brews Success by Raising the Bar on Employee Benefits, Surpassing Competitors



In today's competitive job market, attracting and retaining top talent is crucial for the success of any business. With this understanding, Starbucks Coffee Company (NASDAQ: SBUX) has taken a bold approach to elevating the partner (employee) experience, setting a new industry standard with its comprehensive employee benefit program. This article explores Starbucks' unwavering commitment to its partners' well-being by providing a bridge to a better future, discussing the company's innovative investments in paid vacation time, partner pay, financial well-being, skills-building benefits, and partner-centric scheduling.
Building a Strong Foundation: Investments in Partner Pay and Vacation Time
...





Who are Starbucks Corporation's Competitors?




The Wendy s Company
Share Performance



+5.50%
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

Market Cap. Revenues TTM Net Income TTM
$ 3,506.416 mill. $ 2,187.524 mill. $ 206.612 mill.


Yum Brands Inc
Share Performance



+2.63%
Over The Past 5 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

Market Cap. Revenues TTM Net Income TTM
$ 37,483.036 mill. $ 7,029.000 mill. $ 3,441.000 mill.


Mcdonald s Corporation
Share Performance



-14.52%
This Year



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

Market Cap. Revenues TTM Net Income TTM
$ 184,306.010 mill. $ 25,764.900 mill. $ 8,595.500 mill.


Chipotle Mexican Grill Inc
Share Performance



-1.48%
This Quarter



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

Market Cap. Revenues TTM Net Income TTM
$ 1,593.076 mill. $ 10,204.917 mill. $ 1,296.380 mill.


Restaurant Brands International Limited Partnershi
Share Performance



0.00%
This Year



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

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 7,085.000 mill. $ 1,506.000 mill.


Bab Inc
Share Performance



+12.66%
One Year



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

Market Cap. Revenues TTM Net Income TTM
$ 6.465 mill. $ 4.364 mill. $ 0.550 mill.



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