Starbucks Profit (2012 - 2022) - Is Starbucks Profitable?

Unite professionals to advance email dataset knowledge globally.
Post Reply
sumonasumonakha.t
Posts: 619
Joined: Sat Dec 28, 2024 3:25 am

Starbucks Profit (2012 - 2022) - Is Starbucks Profitable?

Post by sumonasumonakha.t »

Starbucks Costs
Starbucks' December 31, 2022 operating expenses increased 11.88% year-over-year to $28.221 billion. The company's annual operating expenses in 2022 increased 14.24% from the prior year to $27.633 billion. Annual operating expenses in 2021 were $24.189 billion, an increase of 10.17% from the prior year.

The company’s prepaid expenses for the December 31, 2022 quarter decreased 29.54% to $0.374 self employed data billion year-on-year. Prepaid expenses in 2022 decreased 18.65% year-on-year to $0.484 billion. Prepaid expenses for 2021 decreased 19.59% year-on-year to $0.595 billion.



Starbucks profit

80% of Starbucks’ total revenue comes from the 15,000 coffee shops owned by the company worldwide. This amounts to $3,800 per day and $520 for each shop. One cup of Starbucks coffee yields a 6% profit. Starbucks coffee shops sell a large percentage of their coffee to people on the go, which generates high revenue and profit.

The company’s profit for the quarter ended December 31, 2022 increased by 6.88% year-on-year to $5.904 billion, while gross profit for the full year ended December 31, 2022 was $22.313 billion, up 5.52% from the prior-year period. Annual gross profit for 2022 increased by 7.93% from the prior year, reaching $21.933 billion.
Post Reply