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Seattle-based Starbucks Corporation (SBUX) operates as a roaster, marketer, and retailer of coffee worldwide. Its stores offer coffee, tea, and various food products. With a market cap of $98.6 billion, Starbucks operates through North America, International, and Channel Development segments.
Companies worth $10 billion or more are generally described as "large-cap stocks." Starbucks fits this bill perfectly. Given the company’s extensive operations and stronghold in the QSR and coffee space, its valuation above this mark is unsurprising.