Starbucks Financial Performance: Revenues, Expenses, and Profits

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Further, the company has restructured its global store portfolio to create a welcoming environment for all and strengthen communities. The company has also committed to opening 1,000 Starbucks community stores globally by 2030. The company also aims to ensure that Starbucks digital and physical environments meet a high standard of accessibility for customers and partners by 2030.


In 2022, Starbucks' market share in the United States was over 37%. The company launched 1,878 self employed data new stores, bringing the total to 35,711 in more than 80 countries. Total revenue was $32.25, an increase of 10.98% from the previous year. Starbucks has been recovering from the effects of the pandemic since 2021.

In the last quarter of 2021, the company's market share was 34.74% in the United States, while revenue increased by 25% year-on-year. In early 2022, everyone expected Starbucks' market share to rise as the economy reopened. By then, the company had accelerated its adoption of digital technology, which boosted card reloading and activation.



As a result, store traffic increased and same-store sales in the U.S. were up 18%. Starbucks’ loyalty program reached 26.4 million active members, growing 21%. In-store sales in China fell 14% due to the outbreak of the Omicron variant and lockdowns in major cities.