Home Credit Ratings and Research S&P Global Ratings’ Credit Research Starbucks Corp.

Starbucks Corp.

Published Feb 29, 2012

2456 words — Published Feb 29, 2012

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

Strong market position in specialty coffee retailing. Excellent national and international brand recognition. History of strong cash flow generation. Operates in the competitive and fragmented retail/restaurant industry. The ratings on Starbucks reflect its strong performance and our expectation for solid growth over the intermediate term. We expect the company to consistently generate good cash flows and at least maintain its existing credit measures. Starbucks' "strong" (as our criteria define the term) business profile reflects its leading market position and excellent brand recognition in the specialty coffee market. Although Starbucks' recent performance has been solid, we view the specialty coffee segment of the retail industry as vulnerable to economic downturns and a drop in discretionary spending. This was the case in

Brief Excerpt:

RESEARCH Starbucks Corp. Publication date: 29-Feb-2012 Primary Credit Analyst: Mariola Borysiak, New York (1) 212-438-7839; mariola_borysiak@standardandpoors.com Secondary Contact: Andy Sookram, New York (1) 212-438-5024; andy_sookram@standardandpoors.c...

Report Type:

Full Report

Ticker

SBUX

Issuer

Starbucks Corp.

GICS

Restaurants (25301040)

Sector

Global Issuers

Country

United States

Region

United States

Format:

HTML

Summary: Starbucks Corp. – 2012/08/22 – US$ 225.00

Summary: Starbucks Corp. – 2013/02/25 – US$ 225.00

Bulletin: Correction: Starbucks Corp. Ratings Unaffected By Planned Issuance Of $750 Million Of Additional Debt – 2013/08/23 – Free

Starbucks Corp.'s $750 Mil. Senior Unsecured Notes Assigned 'A-' Rating – 2013/09/04 – US$ 150.00

Bulletin: Starbucks Corp. Ratings Unchanged On Ruling That Settles Dispute With Kraft Foods – 2013/11/13 – Free

Summary: Starbucks Corp. – 2012/02/29 – US$ 225.00

Starbucks Corp. Upgraded To 'A-' On Profitability Gains; Outlook Stable – 2012/02/24 – US$ 150.00

Research Update: Starbucks Corp. Upgraded To 'A-' On Profitability Gains; Outlook Stable – 2012/02/24 – US$ 225.00

Summary: Starbucks Corp. – 2011/08/19 – US$ 225.00

Summary: Starbucks Corp. – 2011/02/28 – US$ 225.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Starbucks Corp." Feb 29, 2012. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Starbucks-Corp-940627>

APA:	S&P Global Ratings’ Credit Research. (). Starbucks Corp. Feb 29, 2012. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Starbucks-Corp-940627>

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