Starbucks Corporation (NASDAQ: SBUX) |
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Starbucks's Suppliers Performance
SBUX's Supply Chain
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SBUX Costs vs Sales of Suppliers Growth |
Starbucks's Suppliers recorded an increase in sales by 4.08 % year on year in Q4 2024, from the previous quarter, sales fell by -0.31 %, while their net margin rose to 5.32 % year on year, Starbucks's Suppliers improved sequentially profit margin to -0.31 %,
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Starbucks's Suppliers recorded an increase in sales by 4.08 % year on year in Q4 2024, from the previous quarter, sales fell by -0.31 %, while their net margin rose to 5.32 % year on year, Starbucks's Suppliers improved sequentially profit margin to 5.32 %,
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News about
Starbucks Corporation Contracts
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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...
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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...
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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 Income grew by |
SBUX's Suppliers Net margin grew in Q4 to |
48.75 % |
5.32 % |
SBUX's Suppliers Net Income grew by 48.75 % |
SBUX's Suppliers Net margin grew in Q4 to 5.32 % |
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
|
95,409.30 |
36,148.70 |
3,518.80 |
361,000 |
Mccormick and Company Incorporated
|
20,088.53 |
6,726.50 |
784.80 |
13,800 |
A negative correlation coefficient of -0.016 implies that the revenue of Mccormick and Company Incorporated does not correlate significantly with that of Starbucks Corporation. |
Mondel z International Inc
|
88,431.43 |
36,441.00 |
4,623.00 |
91,000 |
The revenue of Mondel z International Inc does not correlate significantly with that of Starbucks Corporation. The correlation coefficient is 0.022 |
Sysco Corporation
|
34,954.58 |
80,571.60 |
1,932.37 |
76,000 |
The factor of 0.343 indicates a mild correlation between Sysco Corporation's revenue and those of Starbucks Corporation. |
Neuroone Medical Technologies Corp
|
20.13 |
6.45 |
-7.18 |
29 |
The factor of 0.376 indicates a mild correlation between Neuroone Medical Technologies Corp's revenue and those of Starbucks Corporation. |
Lsi Industries Inc
|
459.13 |
520.73 |
23.37 |
896 |
The factor of 0.415 indicates a mild correlation between Lsi Industries Inc 's revenue and those of Starbucks Corporation. |
Performance Food Group Company
|
12,413.35 |
60,101.10 |
387.30 |
30,000 |
Performance Food Group Company's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.652 |
Pilgrim s Pride Corporation
|
12,730.58 |
17,877.77 |
1,087.22 |
20,098 |
The factor of 0.387 indicates a mild correlation between Pilgrim s Pride Corporation's revenue and those of Starbucks Corporation. |
Cal maine Foods Inc
|
4,642.94 |
3,797.81 |
989.03 |
3,067 |
The factor of 0.264 indicates a mild correlation between Cal maine Foods Inc 's revenue and those of Starbucks Corporation. |
Clearwater Paper Corporation
|
405.86 |
1,988.80 |
112.60 |
1,395 |
A negative correlation coefficient of -0.304 implies that the revenue of Clearwater Paper Corporation does not correlate significantly with that of Starbucks Corporation. |
Sugarmade Inc
|
3.66 |
3.52 |
-8.02 |
15 |
The revenue of Sugarmade Inc does not correlate significantly with that of Starbucks Corporation. The correlation coefficient is 0.086 |
Sonoco Products Company
|
4,589.58 |
6,298.92 |
163.94 |
20,500 |
A negative correlation coefficient of -0.359 implies that the revenue of Sonoco Products Company does not correlate significantly with that of Starbucks Corporation. |
Alarm com Holdings Inc
|
2,874.72 |
939.83 |
122.51 |
2,010 |
Alarm com Holdings Inc 's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.459 |
Logility Supply Chain Solutions Inc
|
481.29 |
97.73 |
-0.55 |
0 |
A negative correlation coefficient of -0.076 implies that the revenue of Logility Supply Chain Solutions Inc does not correlate significantly with that of Starbucks Corporation. |
Egain Corporation
|
143.84 |
88.89 |
4.32 |
544 |
The factor of 0.219 indicates a mild correlation between Egain Corporation's revenue and those of Starbucks Corporation. |
Everbridge Inc
|
1,446.57 |
451.02 |
-52.73 |
804 |
The factor of 0.410 indicates a mild correlation between Everbridge Inc 's revenue and those of Starbucks Corporation. |
Instructure Holdings Inc
|
3,461.41 |
639.75 |
-74.34 |
1,496 |
The factor of 0.206 indicates a mild correlation between Instructure Holdings Inc 's revenue and those of Starbucks Corporation. |
Liveperson Inc
|
75.41 |
312.47 |
-2.74 |
928 |
A negative correlation coefficient of -0.119 implies that the revenue of Liveperson Inc does not correlate significantly with that of Starbucks Corporation. |
Healthstream Inc
|
1,008.84 |
291.65 |
20.01 |
1,079 |
The revenue of Healthstream Inc does not correlate significantly with that of Starbucks Corporation. The correlation coefficient is 0.071 |
George Risk Industries Inc
|
73.74 |
20.27 |
8.53 |
200 |
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Sprinklr Inc
|
2,117.10 |
627.25 |
-51.57 |
3,589 |
Among Starbucks Corporation suppliers, the revenue of Sprinklr Inc has shown a strong correlation over the past 2 years. The correlation coefficient is 0.772 |
Hello Group Inc
|
2,282.41 |
1,690.49 |
274.89 |
1,121 |
Hello Group Inc 's revenue correlates notably with that of Starbucks Corporation. The correlation coefficient is 0.591 |
Red Violet Inc
|
522.42 |
75.19 |
7.00 |
183 |
The revenue of Red Violet Inc does not correlate significantly with that of Starbucks Corporation. The correlation coefficient is 0.056 |
Snap One Holdings Corp
|
820.87 |
1,055.02 |
-17.85 |
1,610 |
|
SUBTOTAL |
194,048.38 |
220,623.74 |
10,325.93 |
270,364 |
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