Starbucks Corporation

Starbucks roasts, markets, and sells coffee, tea, and other beverages through company-operated stores, licensed locations, and grocery/foodservice partnerships [Company Overview]. The company operates three segments: North America, International, and Channel Development, offering whole bean coffee, single-serve products, ready-to-drink beverages, and food items like pastries and breakfast sandwiches under brands including Starbucks Coffee, Teavana, and Seattle's Best Coffee [Company Overview].

Starbucks is the world's largest coffee chain, operating over 41,000 stores globally and employing 381,000 people [Company Overview]. The company is undergoing a major restructuring under CEO Brian Niccol's 'Back to Starbucks' turnaround plan, which includes closing regional offices, cutting 300 corporate jobs, and targeting $2 billion in cost savings [Yahoo Finance]. The stock has climbed 27% year-to-date to around $106.60, though financial health metrics show elevated debt (4.6x net debt to EBITDA) and a stretched valuation (P/E of 81.2x) [Yahoo Finance].

Starbucks generates solid revenue and cash flow but carries elevated debt and trades at a premium valuation [Yahoo Finance].