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With a market cap of $105.6 billion, Starbucks Corporation (SBUX) is a global coffee roaster, marketer, and retailer known for its specialty beverages, food items, and iconic brands such as Starbucks Coffee, Teavana, and Seattle’s Best Coffee. Operating through its North America, International, and Channel Development segments, the company sells products through retail stores, licensed partners, and consumer packaged goods.
Shares of the Seattle, Washington-based company have outperformed the broader market over the past 52 weeks. SBUX stock has returned 26.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 17.4%. However, shares of Starbucks are up 5.1% on a YTD basis, lagging behind SPX’s 8.5% gain.