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What smart money is saying about StarbucksUnited States flag

SBUX · Consumer Cyclical · Restaurants · Market cap $100.44B

2 funds in our archive have pitched Starbucks — most recently Polen Global Growth in June 2025.

Company profile

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.

Fund coverage · 2 theses

  • Polen Global Growth
    June 2025

    Starbucks is poised for substantial growth under new CEO Brian Niccol, whose practical turnaround plan aims to simplify operations and enhance customer experience across its stores.

    Read the full thesis
  • Polen Focus Growth
    March 2025

    Starbucks is well-positioned for a turnaround under new CEO Brian Niccol, whose multi-faceted improvement plan aims to enhance store operations and customer experience, driving future growth and margin expansion.

    Read the full thesis

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