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Starbucks Corporation  (SBUX)
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Starbucks's Suppliers Performance

SBUX's Supply Chain

 
SBUX Costs vs Sales of Suppliers Growth Starbucks's Suppliers recorded an increase in sales by 1.17 % year on year in Q1 2024, from the previous quarter, sales fell by -0.01 %, while their net profit margin fell to 6.34 % year on year, Starbucks's Suppliers improved sequentially profit margin to -0.01 %,

More on SBUX Suppliers




Starbucks's Suppliers recorded an increase in sales by 1.17 % year on year in Q1 2024, from the previous quarter, sales fell by -0.01 %, while their net profit margin fell to 6.34 % year on year, Starbucks's Suppliers improved sequentially profit margin to 6.34 %,

More on SBUX Suppliers



  News about Starbucks Corporation Contracts

s:1. Starbucks Refreshes the Business Brew: Balances Q2 2024 Results with Enhanced Employee Benefits & Growth Strategy2. Double-shot Approach: Starbucks Counters Q2 2024 Slump with Employee-Oriented Plans and Long-Term Vision3. Starbucks Q2 2024 Earnings Stirred with Employee Benefit Enhancements and a Robust Growth Strategy Plan 4. Starbucks Braces for Boost: Combating Q2 Fiscal 2024...

Starbucks Corporation Wades Through Q2 Fiscal 2024 Challenges Relying on Enhanced Employee Benefits and Long-Term Growth StrategyAs markets faced the turmoil of the 13-week fiscal second quarter that ended on March 31, 2024, Starbucks Corporation (Nasdaq: SBUX) emerged with valuable insights. The beverage giant revealed its Q2 Fiscal 2024 financial results, coupled with a deep-dive into their strategies for combating the decline in global comparable store sales that was recorded.Starbucks would be remiss not to comment on the 4% decline in global comparable store sales, noticeably marked by a 6% slump in comparable transactions. Despite the lukewarm financial performance, the coffeehouse chain remains confid...

Starbucks Unveils Groundbreaking EPCI Board Committee to Drive Environmental and Social Impact



In a commitment to its stakeholders and the environment, Starbucks Coffee Company recently announced its plans to establish a new Environmental, Partner and Community Impact (EPCI) Board Committee. This strategic move signals Starbucks' continued evolution of its governance approach, reaffirming its commitment to being a responsible and ethical leader in the industry.
Making a Difference:
For years, Starbucks has strived to set itself apart as a different kind of company. Under the leadership of newly appointed CEO Laxman Narasimhan, efforts to strengthen partnerships with employees (referred to as partners) and suppliers have yielded significant positive results. In the second quarter of 2...




Starbucks's Comment on Supply Chain


Starbucks is committed to selling the finest whole bean coffees and coffee beverages. To ensure compliance with our rigorous coffee standards, we control coffee purchasing, roasting and packaging, and the global distribution of coffee used in our operations. We purchase green coffee beans from multiple coffee-producing regions around the world and custom roast them to our exacting standards for our many blends and single origin coffees.

The price of coffee is subject to significant volatility. Although most coffee trades in the commodity market, high-altitude arabica coffee of the quality sought by Starbucks tends to trade on a negotiated basis at a premium above the "C" coffee commodity price. Both the premium and the commodity price depend upon the supply and demand at the time of purchase. Supply and price can be affected by multiple factors in the producing countries, including weather, natural disasters, crop disease, general increase in farm inputs and costs of production, inventory levels and political and economic conditions. Price is also impacted by trading activities in the arabica coffee futures market, including hedge funds and commodity index funds. In addition, green coffee prices have been affected in the past, and may be affected in the future, by the actions of certain organizations and associations that have historically attempted to influence prices of green coffee through agreements establishing export quotas or by restricting coffee supplies.

We buy coffee using fixed-price and price-to-be-fixed purchase commitments, depending on market conditions, to secure an adequate supply of quality green coffee. Price-to-be-fixed contracts are purchase commitments whereby the quality, quantity, delivery period, and other negotiated terms are agreed upon, but the date, and therefore the price, at which the base "C" coffee commodity price component will be fixed has not yet been established. For these types of contracts, either Starbucks or the seller has the option to select a date on which to "fix" the base "C" coffee commodity price prior to the delivery date. Until prices are fixed, we estimate the total cost of these purchase commitments.


We depend upon our relationships with coffee producers, outside trading companies and exporters for our supply of green coffee. We believe, based on relationships established with our suppliers, the risk of non-delivery on such purchase commitments is remote.

To help ensure the future supply of high-quality green coffee, and to reinforce our leadership role in the coffee industry, Starbucks operates six farmer support centers. The farmer support centers are staffed with agronomists and sustainability experts who work with coffee farming communities to promote best practices in coffee production designed to improve both coffee quality and yields.

In addition to coffee, we also purchase significant amounts of dairy products, particularly fluid milk, to support the needs of our company-operated stores. We believe, based on relationships established with our dairy suppliers, that the risk of non-delivery of sufficient fluid milk to support our stores is remote.

Products other than whole bean coffees and coffee beverages sold in Starbucks® stores include tea and a number of ready-to-drink beverages that are purchased from several specialty suppliers, usually under long-term supply contracts. Food products, such as La Boulange™ pastries, breakfast sandwiches and lunch items, are purchased from national, regional and local sources. We also purchase a broad range of paper and plastic products, such as cups and cutlery, from several companies to support the needs of our retail stores as well as our manufacturing and distribution operations. We believe, based on relationships established with these suppliers and manufacturers, that the risk of non-delivery of these items is remote.


Starbucks's Comment on Supply Chain


Starbucks is committed to selling the finest whole bean coffees and coffee beverages. To ensure compliance with our rigorous coffee standards, we control coffee purchasing, roasting and packaging, and the global distribution of coffee used in our operations. We purchase green coffee beans from multiple coffee-producing regions around the world and custom roast them to our exacting standards for our many blends and single origin coffees.

The price of coffee is subject to significant volatility. Although most coffee trades in the commodity market, high-altitude arabica coffee of the quality sought by Starbucks tends to trade on a negotiated basis at a premium above the "C" coffee commodity price. Both the premium and the commodity price depend upon the supply and demand at the time of purchase. Supply and price can be affected by multiple factors in the producing countries, including weather, natural disasters, crop disease, general increase in farm inputs and costs of production, inventory levels and political and economic conditions. Price is also impacted by trading activities in the arabica coffee futures market, including hedge funds and commodity index funds. In addition, green coffee prices have been affected in the past, and may be affected in the future, by the actions of certain organizations and associations that have historically attempted to influence prices of green coffee through agreements establishing export quotas or by restricting coffee supplies.

We buy coffee using fixed-price and price-to-be-fixed purchase commitments, depending on market conditions, to secure an adequate supply of quality green coffee. Price-to-be-fixed contracts are purchase commitments whereby the quality, quantity, delivery period, and other negotiated terms are agreed upon, but the date, and therefore the price, at which the base "C" coffee commodity price component will be fixed has not yet been established. For these types of contracts, either Starbucks or the seller has the option to select a date on which to "fix" the base "C" coffee commodity price prior to the delivery date. Until prices are fixed, we estimate the total cost of these purchase commitments.


We depend upon our relationships with coffee producers, outside trading companies and exporters for our supply of green coffee. We believe, based on relationships established with our suppliers, the risk of non-delivery on such purchase commitments is remote.

To help ensure the future supply of high-quality green coffee, and to reinforce our leadership role in the coffee industry, Starbucks operates six farmer support centers. The farmer support centers are staffed with agronomists and sustainability experts who work with coffee farming communities to promote best practices in coffee production designed to improve both coffee quality and yields.

In addition to coffee, we also purchase significant amounts of dairy products, particularly fluid milk, to support the needs of our company-operated stores. We believe, based on relationships established with our dairy suppliers, that the risk of non-delivery of sufficient fluid milk to support our stores is remote.

Products other than whole bean coffees and coffee beverages sold in Starbucks® stores include tea and a number of ready-to-drink beverages that are purchased from several specialty suppliers, usually under long-term supply contracts. Food products, such as La Boulange™ pastries, breakfast sandwiches and lunch items, are purchased from national, regional and local sources. We also purchase a broad range of paper and plastic products, such as cups and cutlery, from several companies to support the needs of our retail stores as well as our manufacturing and distribution operations. We believe, based on relationships established with these suppliers and manufacturers, that the risk of non-delivery of these items is remote.



SBUX's Suppliers Net profit fell by SBUX's Suppliers Net margin fell in Q1 to
-23.51 % 6.34 %
SBUX's Suppliers Net profit fell by -23.51 %


SBUX's Suppliers Net margin fell in Q1 to 6.34 %


Starbucks's Suppliers Sales Growth in Q1 2024 by Industry

Suppliers from Containers & Packaging Industry -5.37 %   
Suppliers from Paper & Paper Products Industry -5.56 %   
Suppliers from Electric & Wiring Equipment Industry -8.73 %   
Suppliers from Food Processing Industry      0.39 %
Suppliers from Internet Services & Social Media Industry      5.53 %
Suppliers from IT Infrastructure Industry -2.37 %   
Suppliers from Software & Programming Industry      2.52 %
Suppliers from Wholesale Industry      2.67 %
     





SBUX's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Starbucks Corporation 90,434.61 36,530.20 4,158.10 402,000
Mccormick and Company Incorporated 18,276.18 6,699.40 707.50 14,000
Among Starbucks Corporation suppliers, the revenue of Mccormick and Company Incorporated has shown a strong correlation over the past 2 years. The correlation coefficient is 0.834
Mondel z International Inc 89,404.04 36,140.00 4,295.00 79,000
Mondel z International Inc 's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.667
Sysco Corporation 35,480.83 78,015.63 2,077.06 71,000
Sysco Corporation's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.574
Neuroone Medical Technologies Corporation 22.89 2.82 -13.47 0
Neuroone Medical Technologies Corporation's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.554
Lsi Industries Inc 440.68 461.97 27.72 1,292
A negative correlation coefficient of -0.346 implies that the revenue of Lsi Industries Inc does not correlate significantly with that of Starbucks Corporation.
Performance Food Group Company 10,611.22 57,472.70 422.20 13,000
Performance Food Group Company's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.431 The factor of 0.431 indicates a mild correlation between Performance Food Group Company's revenue and those of Starbucks Corporation.
Pilgrim s Pride Corporation 8,259.94 17,557.68 491.62 29,100
A negative correlation coefficient of -0.177 implies that the revenue of Pilgrim s Pride Corporation does not correlate significantly with that of Starbucks Corporation.
Cal maine Foods Inc 2,866.07 2,372.82 273.89 3,277
A negative correlation coefficient of -0.342 implies that the revenue of Cal maine Foods Inc does not correlate significantly with that of Starbucks Corporation.
Clearwater Paper Corporation 857.08 2,053.60 237.20 3,300
A negative correlation coefficient of -0.242 implies that the revenue of Clearwater Paper Corporation does not correlate significantly with that of Starbucks Corporation.
Sugarmade Inc 90.25 3.52 -8.02 21
The factor of 0.331 indicates a mild correlation between Sugarmade Inc 's revenue and those of Starbucks Corporation.
Sonoco Products Company 5,679.83 6,687.78 392.91 20,000
Alarm com Holdings Inc 3,404.11 895.25 89.54 784
Alarm com Holdings Inc 's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.615
American Software Inc 302.70 109.34 12.07 372
Egain Corporation 194.33 91.98 8.88 479
A negative correlation coefficient of -0.093 implies that the revenue of Egain Corporation does not correlate significantly with that of Starbucks Corporation.
Everbridge Inc 1,523.59 450.00 -11.85 581
Everbridge Inc 's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.521
Instructure Holdings Inc 3,418.49 450.48 -73.30 1,140
The factor of 0.274 indicates a mild correlation between Instructure Holdings Inc 's revenue and those of Starbucks Corporation.
Liveperson Inc 52.86 379.47 -22.37 981
Healthstream Inc 842.27 282.88 17.82 955
Healthstream Inc's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.544
George Risk Industries Inc 60.27 20.02 6.65 175
Sprinklr Inc 2,502.32 640.87 -47.92 3,245
A negative correlation coefficient of -0.098 implies that the revenue of Sprinklr Inc does not correlate significantly with that of Starbucks Corporation.
Hello Group Inc 2,334.65 1,690.49 274.89 2,394
A negative correlation coefficient of -0.214 implies that the revenue of Hello Group Inc does not correlate significantly with that of Starbucks Corporation.
Red Violet Inc 325.14 58.21 13.06 139
Red Violet Inc 's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.470
Snap One Holdings Corp 820.87 1,055.02 -17.85 1,492
A negative correlation coefficient of -0.314 implies that the revenue of Snap One Holdings Corp does not correlate significantly with that of Starbucks Corporation.
SUBTOTAL 187,770.63 213,591.90 9,153.20 246,727


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