STARBUCKS CORPORATION
Starbucks Corporation is a Washington corporation registered with the Washington Secretary of State under UBI number 600611109, incorporated on 4 November 1985 and currently listed as active on the state business register. Its registered office is in Seattle, Washington, and its common stock trades on the Nasdaq Global Select Market under the ticker symbol SBUX.
Starbucks Corporation roasts, markets and sells specialty coffee, tea and related food and beverage products through company-operated and licensed stores, alongside a licensed and consumer-packaged-goods business that distributes Starbucks and related brands through grocery, foodservice and other retail channels. As of 28 September 2025, the end of its 2025 fiscal year, the company operated 40,990 stores worldwide – 21,514 company-operated and 19,476 licensed – across North America and international markets including China. Company-operated stores accounted for approximately 83% of consolidated net revenue in fiscal 2025.
For fiscal year 2025, Starbucks Corporation reported consolidated net revenues of approximately $37.2 billion, up 3% from $36.2 billion in fiscal 2024. The company attributed the increase mainly to new company-operated stores opened over the prior year, growth in its Global Coffee Alliance licensing arrangement, and incremental revenue from its October 2024 acquisition of UK licensed business partner 23.5 Degrees Topco Limited, partially offset by lower comparable store sales and a decline in the licensed store business.
On 25 September 2025, Starbucks Corporation announced a restructuring initiative, referred to internally as “Back to Starbucks,” involving the closure of roughly 400 stores in North America and the elimination of about 900 non-retail roles, following an earlier reduction of approximately 1,100 corporate positions in February 2025. The company estimated around $1 billion in associated severance, asset-disposal and lease-related charges.
On 2 April 2026, Starbucks Corporation completed a transaction, first announced in November 2025, under which funds managed by Boyu Capital acquired a 60% interest in a new joint venture holding Starbucks’ mainland China retail operations – then comprising roughly 8,000 company-operated coffeehouses transitioning to a licensed operating model. Starbucks Corporation retained a 40% interest in the venture and continues to own and license the Starbucks brand and intellectual property to it, with a shared long-term aspiration to grow the China store base to as many as 20,000 locations.
An active registration on the Washington business register does not by itself indicate that Starbucks Corporation is trading at any particular location, and its registered office should not be assumed to be its sole place of business.
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Shareholders
3
Starbucks Corporation is a widely held, Nasdaq-listed public company. Under U.S. securities rules, an investor must publicly disclose a stake only once it exceeds 5% of outstanding common stock, so the public record identifies its largest institutional holders rather than a complete shareholder register.
Per Schedule 13G/A filings referenced in Starbucks Corporation’s proxy statement filed with the U.S. Securities and Exchange Commission on 26 January 2026, The Vanguard Group reported beneficial ownership of 113,888,463 shares, equivalent to approximately 10% of outstanding common stock, as of 31 October 2025. Capital Group Companies reported a combined position through two affiliated investment managers: Capital Research Global Investors held 76,686,152 shares as of 30 June 2025, and Capital World Investors held 75,625,746 shares as of 31 March 2025. All three managers reported their holdings as passive investments made on behalf of underlying investment funds and clients, rather than as a controlling stake.
These figures sit at a different level than the fund-level entries in this profile’s registry data, which record specific funds such as Income Fund of America and American Balanced Fund – both managed by Capital Group – rather than the parent investment managers named in SEC beneficial-ownership filings. Both sets of records can be accurate at the same time, since they report ownership at different levels of the same managers’ fund complexes.
Ultimate beneficial ownership: No individual has been identified as an ultimate beneficial owner of Starbucks Corporation. Every shareholder disclosed above the 5% SEC reporting threshold is an investment management company holding shares on behalf of numerous underlying fund investors, and no single natural person’s indirect stake can be calculated from these filings.
Data availability: Disclosure of Starbucks Corporation’s shareholders is best described as major shareholders only. Institutional holders above the 5% SEC reporting threshold are identified by name and share count as of the dates above, but the remainder of the company’s more than 1.1 billion outstanding shares is held by retail and smaller institutional investors who are not individually disclosed.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Vanguard Group Inc | 15.6% | Washington Secretary of State | |
| AMERICAN BALANCED FUND | 2.3% | Washington Secretary of State | |
| Income Fund of America | 2.1% | Washington Secretary of State |
Officers
127
Starbucks Corporation’s board of directors and executive officers are disclosed in its proxy statement filed with the SEC on 26 January 2026, ahead of the company’s annual shareholders’ meeting held on 25 March 2026 (record date 16 January 2026). As of that filing, the board comprised 11 directors: Ritch Allison, Andy Campion, Beth Ford, Jørgen Vig Knudstorp, Marissa Mayer, Neal Mohan, Dambisa Moyo, Brian Niccol, Daniel Servitje, Mike Sievert and Wei Zhang. Brian Niccol has served as Chairman and Chief Executive Officer since September 2024, and Jørgen Vig Knudstorp serves as Lead Independent Director.
Named executive officers disclosed in the same filing period include Cathy R. Smith, Executive Vice President and Chief Financial Officer; Mike Grams, Chief Operating Officer; Brady Brewer, Chief Executive Officer of Starbucks International; and Sara Kelly, Executive Vice President and Chief Partner Officer. All are shown as active in their roles, with no resignation or termination date disclosed as of the information date.
This profile’s registry card, sourced from a Washington Secretary of State annual corporate report, lists individuals – including Kevin R. Johnson and Rosalind G. Brewer as directors – who no longer appear among Starbucks Corporation’s current directors according to the company’s most recent SEC proxy statement. State annual reports are filed periodically and can lag behind boardroom changes; for a company that reports to the SEC, the proxy statement is the more current source for board composition.
Recent officer changes: Cathy R. Smith was appointed Chief Financial Officer effective 24 March 2025, succeeding Rachel Ruggeri, who departed on 7 March 2025 (Val Bauduin served as interim CFO in between). Mike Grams was appointed Chief Operating Officer effective 4 June 2025. Jørgen Vig Knudstorp became Lead Independent Director effective 13 March 2025, succeeding Mellody Hobson, who did not stand for re-election to the board.
Data availability: Neither the Washington Secretary of State’s annual report nor Starbucks Corporation’s SEC filings disclose the nationality or country of residence of individual directors and officers; this information is not publicly available through this jurisdiction’s filings or the company’s federal securities disclosures. The correspondence addresses shown for officers on this profile’s registry card are service addresses associated with the company’s Seattle offices and should not be read as personal or residential addresses.
Registry feed — rows exactly as filed with Washington Secretary of State, including entries the profile above does not cover.
Group Structure
Starbucks Corporation sits at the top of its own corporate structure; no parent company has been identified, consistent with its status as an independent, Nasdaq-listed public company. Its group includes numerous directly and indirectly held subsidiaries across the Americas, Europe, the Middle East and Asia, supporting its owned and licensed store operations, coffee sourcing, manufacturing and regional holding functions, including entities such as Starbucks Coffee Holdings (UK) Limited, Starbucks Manufacturing Corporation and Starbucks Coffee International, Inc.
On 2 April 2026, Starbucks Corporation completed a joint venture transaction, first announced in November 2025, under which funds managed by Boyu Capital acquired a 60% interest in a new joint venture holding Starbucks’ mainland China retail operations, comprising approximately 8,000 company-operated coffeehouses transitioning to a licensed operating model. Starbucks Corporation retained a 40% interest in the venture and continues to own and license the Starbucks brand and intellectual property to it. This transaction materially changes the ownership status of the wholly owned China entities previously reflected in this profile’s group-structure data (held historically through Starbucks Coffee (Cayman) Holdings Ltd. and related Hong Kong and mainland Chinese subsidiaries); the specific new joint-venture holding entity has not been individually identified in company registries as of the information date below, so this profile treats the China joint venture as a verified but not yet entity-mapped structural change.
Recent structural changes: Completion of the Starbucks-Boyu Capital China retail joint venture (60% Boyu Capital-managed funds / 40% Starbucks Corporation), effective 2 April 2026, with Starbucks Corporation continuing as brand and intellectual-property licensor to the venture.
Data availability: Corporate-linkage information for Starbucks Corporation is best described as partial. The parent-subsidiary relationships shown are drawn from ownership and shareholder filings in the countries where each subsidiary is registered, but coverage depends on each jurisdiction’s own disclosure rules, and the April 2026 China joint venture had not yet been reflected in individual entity-level registry records as of 9 September 2026.
Registry feed — rows exactly as filed with Washington Secretary of State, including entries the profile above does not cover.
STARBUCKS CORPORATION
United States
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Frequently Asked Questions
What does STARBUCKS CORPORATION do?
Starbucks Corporation is a Washington-incorporated company that roasts, markets and sells specialty coffee, tea and related products through company-operated and licensed stores worldwide.
Who owns STARBUCKS CORPORATION?
Per SEC filings referenced in its January 2026 proxy statement, Starbucks Corporation's largest disclosed shareholders were The Vanguard Group (about 10% of shares, as of 31 October 2025) and Capital Group Companies, through Capital Research Global Investors and Capital World Investors.
Who is STARBUCKS CORPORATION's UBO (Ultimate Beneficial Owner)?
No individual ultimate beneficial owner is identified for Starbucks Corporation; its disclosed shareholders above the 5% SEC threshold are institutional asset managers holding shares on behalf of underlying fund investors.
What is STARBUCKS CORPORATION's company registration number?
STARBUCKS CORPORATION's registration number is 600611109, filed with Washington Secretary of State in United States. Its current status on the register is active.
Is STARBUCKS CORPORATION still an active company?
STARBUCKS CORPORATION's status on Washington Secretary of State is listed as active.
When was STARBUCKS CORPORATION incorporated?
STARBUCKS CORPORATION was incorporated on 4 November 1985, according to Washington Secretary of State.
What is STARBUCKS CORPORATION's registered address?
The registered address on file for STARBUCKS CORPORATION is Seattle, United States.
What legal structure is STARBUCKS CORPORATION registered as?
STARBUCKS CORPORATION is registered as a Public Limited Company in United States.
What is STARBUCKS CORPORATION's revenue?
In fiscal year 2025 (ended 28 September 2025), Starbucks Corporation reported consolidated net revenues of approximately $37.2 billion, up 3% from $36.2 billion in fiscal 2024.
Is STARBUCKS CORPORATION listed on a stock exchange?
Starbucks Corporation common stock trades on the Nasdaq Global Select Market under the ticker symbol SBUX.
Who are the officers/directors of STARBUCKS CORPORATION?
As of its January 2026 SEC proxy statement, Brian Niccol serves as Chairman and Chief Executive Officer of Starbucks Corporation, leading an 11-member board and an executive team that includes CFO Cathy R. Smith and COO Mike Grams.
Does STARBUCKS CORPORATION have a parent company or subsidiaries?
Starbucks Corporation has no parent company; on 2 April 2026 it completed a joint venture under which Boyu Capital-managed funds acquired a 60% interest in its China retail operations, with Starbucks Corporation retaining a 40% interest and continuing as brand and IP licensor.
Can Zavia monitor changes to STARBUCKS CORPORATION's ownership over time?
This profile reflects a point-in-time snapshot from Washington Secretary of State. Zavia's monitoring API can track changes to STARBUCKS CORPORATION's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access STARBUCKS CORPORATION's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like STARBUCKS CORPORATION's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Washington Secretary of State and was last synced on 9 September 2026.