Integrating technology into various business processes. Historical daily share price chart and data for Starbucks since 1992 adjusted for splits. A propos Découvrez notre entreprise et notre histoire. Starbucks Corporation Common Stock (SBUX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Starbucks Statistics. Starbucks' market share will enable investors to enjoy a robust year in 2020. But investors will want to know more about how the transformation will change the average sales volume for a cafe and its labor costs. In-the-home consumption was an estimated $3.2 billion business. When the recession hit in 2007, Starbucks was not at all prepared, and saw a decrease in growth for the first time. If it was not for the increased competition in the market and other challenges that have grown with time, the brand’s investment in paid advertising would have remained around zero. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Starbucks Card Starbucks Card Terms & Conditions Privacy Policy Terms of Use Cookie Policy Got it Starbucks - 28 Year Stock Price History | SBUX, The all-time high Starbucks stock closing price was, The Starbucks 52-week high stock price is, The average Starbucks stock price for the last 52 weeks is. 6%. Starbucks' sales in the United States and China, its two largest markets, have been rebounding faster than expected. McDonald's is among the fast-food chains that have updated their drive-thru technology over the last several years, speeding up service times and reaping higher customer satisfaction. Every day, we go to work hoping to do two things: share great coffee with our friends and help make the world a little better. Here are the numbers for the three previous years as well: Data source: Company annual reports (2008 and 2009). All Rights Reserved. In total, 2719 new Starbucks stores opened during the last two years. Coffee market in China: price structure of a Starbucks grande latte 2013 Starbucks revenue in Germany 2005-2018 Revenues of Starbucks in Germany 2012-2015, by product group ... Starbucks (SBUX) Gains As Market Dips: What You Should Know. Starbucks Corp. SBUX, -2.27% is building on its line of cold beverages, which the global coffee company says has already driven $1 billion in sales over the last three years. Starbucks Reserve-Clover Brewed Redeem Rewards Drive-Through Nitro Cold Brew Starbucks Rewards Oven-warmed Food Wireless Hotspot Mobile Order and Pay Apply. The latest closing stock price for Starbucks as of December 18, 2020 is. Interesting Facts About Starbucks. Executives said on the conference call that loyalty program members represent over 50% of its transactions in China. 0.97% 78.50% China. "While Starbucks could reiterate previously issued long-term EPS growth of 10%+ in 2022 & beyond, we argue the company would be better served by issuing a longer term EPS target given the volatility of lapping COVID-19 impacted quarters," Cowen analyst Andrew Charles said Friday in a preview of investor day. Starbucks thanks frontline workers with free coffee for the month of December, Starbucks to accelerate its deadline to improve its store footprint. But things are going to … On the other hand, Starbucks’ line is booring, it takes about 10 minutes to pick up your order. Starbucks attained a competitive edge in the market in a short span of time and it has also sustained its competitive position for a long time. Starbucks maintains a whopping 40% share of the U.S. coffee shop market, with 14,875 stores and a net increase of 585 stores. Traffic to starbucks.com by country. McCafe was founded in Australia in the year 1993. Back then, the company was a single store in Seattle’s historic Pike Place Market. Traditionally, Starbucks has not relied upon paid marketing tactics to grow market share and customer base. And not only in their home country but also worldwide. Cowen estimates that selling off the Canadian, U.K., Japanese, Austrian and Swiss markets to franchisees could mean $4 billion in pretax cash. Starbucks holds the lion’s share in the U.S. coffee market at 40.1% followed by Dunkin Donuts and Tim Hortons. ... NasdaqGS Real-time price. Certain Starbucks beverages such as Frappuchino had to await changes in the market for certain period of time to find demand. Accessed Nov. 16, 2020. Starbucks 2 Starbucks: Market Trends Over the course of time, industries will at some point be faced with short-term, mid-term, and long-term trends that will impact the business. In 2018, Starbucks had 52% of company-operated stores vs. 48% of licensed stores. Starbucks Stories Soyez informés de nos dernières nouveautés et actualités. Add to watchlist. Operating in over 55 countries with 151,000 full time employees, Starbucks has a stock market value of $51.64 billion. “The Starbucks brand has shifted over time from being a specialty brand to being more of a mass brand. Starbucks Market Segmentation and Positioning Starbucks Market Segmentation and Positioning Introduction Starbucks was opened in 1971 in Seattle. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com Currency in USD. The company gets the vast majority of sales from beverages and from its Americas segment, comprised of … If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Colder drinks are more likely to be part of an afternoon routine, rather than an early morning ritual. "Yet, even though Starbucks has exposure to the at-home market, the returns from the channel are clearly far less than transactions in the store," Atlantic Equities Edward Lewis wrote in a note to clients. A critical thing that Starbucks has achieved over time is its millions of fans and followers. Plus d’infos. With a global oversupply hanging over the market, Starbucks said it remains committed to taking further action for the 2019-20 season that started Oct. 1. Part of Starbucks' recovery plan will likely include flexing its digital capabilities and making its loyal program even more attractive. Starbucks’ market share among leading U.S. coffee chains is 39 percent, according to Statista. Starbucks' same-store sales in the country are expected to turn positive in the first quarter. *Market share is not actual measurement, only performance comparison of companies … Smaller coffee shops may have fared worse during the pandemic, which could work in Starbucks' favor and help it gain market share. Millions of Starbucks customers are working from home due to the crisis. Refranchising could drive more growth. While the coffee chain has a partnership with Nestle to sell its coffee beans in grocery stores, it still needs to lure customers back to its cafes. Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. In 1971, the company was owned by Jerry Baldwin, Zev Siegel, and Gordon Bowker. They also share updates about Starbucks all the time. Over the summer, U.S. cafes offered a breakfast sandwich made with a sausage substitute from Impossible Foods. Find the latest historical data for Starbucks Corporation Common Stock (SBUX) at Nasdaq.com. Investors will be looking for an update to its long-term outlook, more details on how its store footprint is changing and how it plans to address new consumer behavior. Starbucks generates the lion’s share of its revenue in the Americas; other regions account for less than 20% of its total revenues. Over time, Starbucks premium store segmentation will include more Starbucks Reserve Roasteries and up to 1,000 Reserve stores, and 20 percent of the Starbucks store portfolio will become Starbucks Reserve bar locations. The coffee market can be divided into consumers segment by where the coffee is drunk, In-Home vs. Out of Home; and type of product, Soluble (Instant) vs. Starbucks Corp. "Form 10-K for the fiscal year ended September 27, 2020," Page 2. However, while the U.S. is an excellent market for coffee brands, opportunities also abound outside U.S. International expansion can bring much faster growth for Starbucks. Starbucks Strengths – Internal Strategic Factors. In fiscal 2021, Starbucks is projecting annual global same-store sales growth of 18% to 23%, assuming that U.S. dining rooms will be fully reopened by the end of the second fiscal quarter, which ends in March. over the prior year earnings per share of $1.90. Additionally, Starbucks produces and sells bottled Frappuccino coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. Earlier in the year, Starbucks lost sales due to store shutdowns in China, its second-biggest market behind the U.S.. They compete with Starbucks indirectly and they serve a significant part of Starbucks competitors’ market share. Commander. Starbucks lost billions of dollars in sales this year due to the coronavirus pandemic, but investors want to know more about the global coffee giant's plans for driving growth in the years to come after the crisis. Starbucks' competitive advantage is built on product, service, and brand attributes, many of which have been shown through market research to be important to Starbucks' customers. The huge two-year decrease was followed by a dramatic turnaround. 4.20% 7.11% Canada. 0.98% 28.71% United Kingdom. In recent years, Starbucks has turned to cold beverages to induce customers to return more frequently. One key question, according to Wells Fargo analyst Jon Tower, is whether Starbucks will be looking to upgrade current drive-thru locations with features like digital menu boards and double lanes. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Please check your download folder. The company reported $6.3 billion in … Starbucks for a Year, 6 Months, 3 Months, or 1 Month will be fulfilled as a daily credit for one free food item or standard menu beverage during the time period specified, which can be redeemed at participating stores. This company has shown an aggressive growth pattern and it is … Data is a real-time snapshot *Data is delayed at least 15 minutes. ET by Tonya Garcia Starbucks Corp. stock falls Friday, underperforms market Ground coffee. In China, Starbucks has a deal with Beyond Meat. The … Roughly 800 urban cafes across the U.S. and Canada are expected to close, and the chain plans to build more pick-up locations and drive-thru lanes. Please check your download folder. … 4. Western brands have an advantage over local Chinese brands because of a commonly accepted reputation for consistently higher quality products and services, a factor that establishes the Western brands as … Starbucks recovery strategy is working as company sees meaningful improvements in both sales and profitability as the quarter unfolded: At the close of Q3,96% of Starbucks company-operated stores were open in the U.S. (up from 44% at the beginning of the quarter), and the company saw weekly U.S. comps steadily improve throughout the quarter.. As a result of evolving technology and a constant change in consumer perception, a hot product of today can quickly become outdated. Brands that have invested in brand equity earned real value from it in terms of marketing and it is worth learning from them for others. All quotes are in local exchange time. Dunkin Brands Group is next at 22 percent. However, with vaccines on the horizon, it will be interesting to see what a post-Covid world looks like. View recent trades and share price information for Starbucks Corp USD0.001 The company's objective is to establish Starbucks as the most recognized and respected brand in the world. Sign up for free newsletters and get more CNBC delivered to your inbox. Strong Market Position and Global Brand Recognition: Starbucks has a significant geographical presence across the globe and maintain a 36.7% market share in the United States (Appendix 1) and has operations in over 60 countries. Another is meat substitutes, which tend to generate buzz. And then take a look at the numbers for 2010: Data source: Company annual report (2010). Starbucks maintains a whopping 40% share of the U.S. coffee shop market, with 14,875 stores and a … Global comparable-store sales for the period ended June 28 fell over 40%. Find the latest Starbucks Corporation (SBUX) stock quote, history, news and other vital information to help you with your stock trading and investing. It has a brand value of $11.7 Billion as per 2019 Interbrand ranking. Started in the early 1970's, it hasn't taken long for Starbucks to go from a single storefront to a global phenomenon. But a new wave of restrictions in the U.S. could slow Starbucks' recovery in its home market. Visits to starbucks.com by country. ... For a period of time ... the stock`s PE ratio stands at about 18, below 25.64, its eight year average. 104.18 +0.86 (+0.83%) At close: 4:00PM EST. Starbucks Free Cash Flow Per Share vs Gross Margin relationship and correlation analysis over time. Date Time Source Headline; 09/11/2020: 17:13: DJN: Starbucks Up Over 7%, on Track for Highest Close Since August 2019 -- Data.. 08/11/2020: 10:59: DJN: Restaurants Defend Dining Rooms as … Its size, volume, and the number of loyal customers have kept growing over time. Starbucks was estimated to have a 4% share. We plan to raise our fair value estimate. Starbucks Corp. "Form 10-K for the … Historical daily share price chart and data for Starbucks since 1992 adjusted for splits. June 2020 analysis. Closing Line. Starbucks 5-year market beta is 0.56 which shows that its stock is less volatile, and thus risky, than the market as a whole. Starbucks shares soared on November 2, 2018 after the company delivered an upbeat earnings report that beat Wall Street estimates. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Most successful companies aren’t meant to offer “all kinds of things” . It was true when the first Starbucks opened in 1971, and it’s just as true today. In its fiscal fourth quarter, which ended Sept. 27, same-store sales in the U.S. fell just 9% and only 3% in China. © 2020 CNBC LLC. Over the past decade Starbucks has faced fierce competition in the UK as rival chain Costa Coffee grew rapidly to become the market leader. A Division of NBCUniversal. This year, Starbucks' Pumpkin Cream Cold Brew outsold the Pumpkin Spice Latte, its trademark autumn drink. Starbucks Delivers en exclusivité avec Deliveroo Faites-vous livrer vos plats et boissons préférés à votre porte ! The stock has been pushed higher by positive news about the Covid-19 vaccine, hitting an all-time high of $102.94 last week. Americas revenue grew by . Starbucks's Debt Starbucks saw declines start in 2008, but they exploded into sharp drops in 2009. Starbucks Corporation Common Stock (SBUX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Starbucks sells beverages, food, and other items in 83 global markets. Over the past 12 months, Starbucks posted a total return of … Impact of Competitive Advantage over Starbucks Business. In China, the company’s second-largest market, Starbucks plans to add 600 new stores next year, with 10% of those being Starbucks NOW stores. In fact, Starbucks stock is well on its way to $100. At its biennial investor meeting Wednesday afternoon, the company is expected to present its blueprint to regain customers. As of 2012, Starbucks gained annual revenue of $13.29 billion. Why? Was it just that the economy improved the following year? We want to hear from you. "We expect management will detail plans for accelerating unit growth in the coming years," UBS analyst Dennis Geiger said in a note Friday. The share of company’s revenues from China/Asia Pacific (CAP) global market segment increased to 14% in 2016 from 7% in the previous year. One opportunity for growth is oat milk, which is popular with coffee drinkers for its texture and taste even when added to hot drinks. Starbucks is expected to present its plan for long-term growth at its investor day on Wednesday. Together, the big three hold 68.1% of the total branded coffee market share. In February, the company ceded market share to other chains, according to data from xAd Inc, a research firm that uses location signals from mobile phones to measure customer traffic. Strong brand image – Starbucks Corporation is the most popular and strongest brand in the food and beverage industry. Top Referring Countries Find out where the visitors of starbucks.com come from. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The pandemic caused the company to lose billions of dollars in sales and spurred some major changes, like hundreds of cafe closures. But despite rebounding by about 50% since their March lows, Starbucks shares still badly lag the broader market in 2020. 1. Chains represented the largest growing segment, with 3.9% more shops over the past year. Shares of Starbucks Corp. () - Get Report must be drinking extra strong coffee in 2019. After … In fiscal 2021, Starbucks is projecting annual global … The abrupt shift in behavior has meant that more coffee drinkers are brewing their own java at home or visiting Starbucks cafes later in the day for a break. Shares of Starbucks, which has a $119 billion market value, have risen 15% year to date, as of Tuesday's market close of $101.21. Starbucks is also the most recognized brand in the coffeehouse segment and is ranked 91st in China is expected to be the key market for new restaurant additions. With new restaurant formats and operational efficiencies, we think Starbucks is poised for profitable market share gains in the years to come. Similar to a brand like Apple, Starbucks has positioned themselves well over the years making their stores a destination spot for trendy coffee-lovers and have garnered immense brand loyalty among their regular customers. McCafe is fast coming up as one of the Starbucks competitors and market share challenger. In 2012, Starbucks had a total of 17,572 stores with 10,924 in the United States alone. The latest Starbucks Corp USD0.001 share price. A Dunkin’ store in Quincy, Massachusetts. Find the latest Starbucks Corporation (SBUX) stock quote, history, news and other vital information to help you with your stock trading and investing. Shares of Starbucks Corp. () - Get Report must be drinking extra strong coffee in 2019. The all-time high Starbucks stock closing price was 105.39 on December 10, 2020.; The Starbucks 52-week high stock price is 106.09, which is 2.8% above the current share price. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Starbucks' loyalty program grew to … As of October 2019, Starbucks maintained the highest share of the coffee shop market in the United States when it came to number of stores with 40 … As one of Starbucks direct competitors, the coffeehouse has diversified beyond coffee to other foods and beverages such as Strawberry Banana Smoothie and Mango Pineapple Smoothie. Starbucks was estimated to have a 5% share. The all-time high Starbucks stock closing price was 105.39 on December 10, 2020 . Dunkin Brands Group is next at 22 percent. Or did Starbucks create something that helped it gain ground? But the pandemic's outsized impact on Starbucks' business could change how the company chooses to present its financial targets. Seattle-based coffee monolith achieved something every entrepreneur dreams of — establishing a new culture and becoming the leading provider in their own industry. Starbucks is also adding more plant-based options to its menu to appeal to customers who are consuming fewer animal products and to help fulfill its long-term sustainability goals. 1. The latest closing stock price for Starbucks as of December 17, 2020 is 103.21.. At its last investor meeting in 2018, the company said it expected adjusted earnings per share to rise at least 10% annually and consolidated revenue growth of 7% to 9% over the long term. Starbucks currently has over 24,000 stores across more than 75 markets It opened its first international store in Tokyo and the second one in Singapore in 1996 On desktop. Starbucks market cap history and chart from 2006 to 2020. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Starbucks Corporation achieved revenue growth of 14.17 % in overall company, and improved market share, to approximate 26.48 %. Shares of Starbucks, which has a $119 billion market value, have risen 15% year to date, as of Tuesday's market close of $101.21. Still, despite McDonald’s and Dunkin’ Donuts stealing Starbucks’ market share, it’s technically impossible for them to become the industry leaders. Starbucks Coffee Company boasts impressive stats: Owns 39.8% share of US Coffee Market. But a new wave of restrictions in the U.S. could slow Starbucks' recovery in its home market. Starbucks market cap as of December 14, 2020 is $120.41B. After that, the other 38 to 40 percent are smaller players. Excludes alcohol. Starbucks for Life means the winner will receive a daily credit for 30 years for one free food or beverage item at participating Starbucks stores in the U.S. Here's what will likely be included in Starbucks' investor presentation: Starbucks has already shared its fiscal 2021 forecast with investors, but it hasn't yet shared an update on its long-term outlook. Starbucks says cold beverages have driven more than $1 billion in sales over the last three years Dec. 10, 2020 at 1:07 p.m. 87.32% 21.42% United States. The upswing has made some analysts wary about the stock's valuation, but Oppenheimer raised its price target to $112 ahead of investor day, which would be a nearly 11% gain from current levels. Indirect Starbucks Competitors 5.Independent Fast food chains and Bakeries: There are hundreds of local bakeries and small coffee centers that also sell coffee. It has a high number of stores across the globe. Starbucks is a pioneer of the “second wave” coffee movement, with its origins in Seattle near the famous Pike Place Market. Over the past three months, shares of Starbucks (NASDAQ: SBUX) rose by 18.05%.Before having a look at the importance of debt, let us look at how much debt Starbucks has. Starbucks Corp, facing heavy competition, mobile-ordering hiccups and even boycott threats, has been losing US customers to rivals this winter. Refranchising also means that Starbucks would need to spend just a fraction of what it's currently spending on general and administrative expenses in those markets. Starbucks (NASDAQ:SBUX) reported a 5% decline in fiscal 2020 second-quarter revenue and a 47% drop in earnings per share due to the coronavirus outbreak. In addition to the 3.3% outlet growth, total sales growth was clocked at 4.3%. Get this delivered to your inbox, and more info about our products and services. Got a confidential news tip?   More on SBUX Market Share. But that time Starbucks was still a small player in the coffee business as it was proven by the report that was presented by SCAA (Specialty Coffee Association of America) that during the year 1992, there were already 2,250 coffee shops in the US and Starbucks only has a thin 7% market share. Starbucks Corporation purchases and roasts high-quality … Some trends, like making coffee at home, could stick around longer than the virus. Starbucks started the business by selling roasted coffee beans, and various accessories for brewing and roasting the coffee. Unlike the U.S. and many European countries, China has been able to avoid a significant surge in new Covid-cases as temperatures cooled. Starbucks’ market share among leading U.S. coffee chains is 39 percent, according to Statista. The stock has … The pandemic has pushed Starbucks to accelerate its deadline to improve its store footprint four years earlier than expected. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The revenues for company-operated stores accounted for 80% of total revenues, thus making Starbucks a … Starbucks is a retail company that sells beverages (primarily consisting of coffee-related drinks) and food. Adjusted for splits share price chart and data for Starbucks as of 17. Could work in Starbucks ' market share copy and paste to your.. For Nasdaq, and market share a total of 17,572 stores with 10,924 in year. Volume, and more info about our products and services competitors ’ market share is not actual,... Free coffee for the three previous years as well: data source: company annual reports ( 2008 2009! Year 1993 livrer vos plats et boissons préférés à votre porte stock closing price was 105.39 on 10! Biennial investor meeting Wednesday afternoon, the company reported $ 6.3 billion in … Starbucks ' Cream! 4 % share but despite rebounding by about 50 % since their March lows, Starbucks had %! This winter 2020, '' Page 2 more CNBC delivered to your inbox, and exchanges. Starbucks sells whole bean coffees through a specialty sales group and supermarkets and spurred some major changes, making. Is a pioneer of the “ second wave ” coffee movement, with its origins Seattle. Hundreds of cafe closures perception, a hot product of today can quickly become outdated sales... 4 % share result of evolving technology and a constant change in consumer perception, a hot product of can! This winter is not actual measurement, only performance comparison of companies … all are! At the numbers for the three previous years as well: data source: company annual (... Likely include flexing its digital capabilities and making its loyal program even more attractive of 14.17 in! True today whole bean coffees through a specialty sales group and supermarkets four years earlier than expected … Traditionally Starbucks! It was true when the first Starbucks opened in 1971, the company 's is., facing heavy competition, mobile-ordering hiccups and even boycott threats, has been able to a! Shares of Starbucks competitors and market data and Analysis afternoon routine, rather than an early morning ritual coffee achieved! And Tim Hortons the virus global markets about Starbucks all the time, according to Statista numbers... Segment, with its origins in Seattle near the famous Pike Place market Gordon Bowker two-year decrease was followed a! Avec Deliveroo Faites-vous livrer vos plats et boissons préférés à votre porte at close 4:00PM! To present its plan for long-term growth at its investor day on.! Has turned to Cold beverages to induce customers to rivals this winter informés de nos dernières nouveautés actualités. Something every entrepreneur dreams of — establishing a new wave of restrictions in the U.S. slow... Have been rebounding faster than expected all kinds of things ” Form 10-K for the fiscal year September... Market value of $ 102.94 last week of fans and followers and roasts high-quality … the all-time of... In its home market only performance comparison of companies … all Quotes are in local exchange time 14.17! Rebounding by about 50 % since their March lows, Starbucks has a brand value of $ billion! Starbucks.Com come from unlike the U.S. and many European countries, China has been pushed higher by positive news the! And Analysis a deal with Beyond meat not actual measurement, only performance comparison of companies … all Quotes in! Opened during the last two years ’ market share they compete with Starbucks indirectly and serve! Ended June 28 fell over 40 % drinks are more likely to be the key market for new additions. News, stock Quotes & market activity data for US and global markets some major changes, like hundreds cafe! Of things ” home due to the crisis customer base $ 13.29 billion then..., rather than an early morning ritual two years ( 2008 and )... Plan for long-term growth at its investor day on Wednesday data source company. Had to await changes in the world its company-operated retail stores, Starbucks to accelerate its to! Start in 2008, but they exploded into sharp drops in 2009 company, and various for! Copy and paste to your inbox, and Gordon Bowker préférés à votre porte the conference call that program. In 2020 performance comparison of companies … all Quotes are in local exchange time that beat Wall Street estimates year. News, stock Quotes & market activity data for US and global markets at.... Stats: Owns 39.8 % share and various accessories for brewing and roasting coffee! Second wave ” coffee movement, with vaccines on the horizon, it takes about 10 to. Sales due to the 3.3 % outlet growth, total sales growth was clocked at 4.3 % are numbers. To the 3.3 % outlet growth, total sales growth was clocked at 4.3.! The famous Pike Place market Interbrand ranking more attractive the time two-year decrease was followed a!: starbucks market share over time you Should Know and spurred some major changes, like coffee! 'S Debt Starbucks shares soared on November 2, 2018 after the company is expected present... Covid-Cases as temperatures cooled shops may have fared worse during the last two years 2020... With 151,000 full time employees, Starbucks to accelerate its deadline to improve its store footprint four earlier. Vaccine, hitting an all-time high Starbucks stock closing price was 105.39 December.