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Wikipedia.org
Starbucks (Wikipedia.org)

Starbucks Corporation ( ) is a multinational coffee and coffeehouse chain company based in the United States. Starbucks is the largest coffeehouse company in the world, with 15,011 stores in 42 countries. Factsheet.pdf" target="_blank">Starbucks Company Fact Sheet. URL last accessed March 17, 2007. Starbucks sells drip brewed coffee, espresso-based hot drinks, other hot and cold drinks, snacks and items such as mugs and coffee beans. Through the Starbucks Entertainment division and _Hear Music brand, the company also markets books, music, and film. Many of these products are seasonal or specific to the locality of the store. Starbucks brand ice cream and coffee are also sold at grocery stores.

From Starbucks's founding in Seattle, Washington, as a local coffee bean roaster and retailer, Starbucks has expanded rapidly. In the 1990s, the company was opening a new store every workday, a pace that continued into the 2000s. Domestic growth has since slowed down, though the company continues to expand in foreign markets and is opening 7 stores a day worldwide. The first location outside of the U.S. and Canada was established in 1996, and they now constitute almost one third of Starbucks' stores.

As of November 2007, Starbucks had 8,505 company-owned outlets worldwide: 6,793 of them in the United States and 1,712 in other countries and U.S. territories. In addition, the company has 6,506 joint-venture and licensed outlets, 3,891 of them in the United States and 2,615 in other countries and U.S. territories. This brings the total locations (as of November 2007) to 15,011 worldwide. Starbucks can be found in many popular grocery chains in the U.S. and Canada, as well as in many airports.

Starbucks' corporate headquarters are in Seattle, Washington, United States. As of January 2008, the members of the company's board of directors are Howard Schultz (Chair), Barbara Bass, Howard Behar, Bill Bradley, Mellody Hobson, Olden Lee, James Shennan, Jr., Javier Teruel, Myron Ullman, III, and Craig Weatherup.

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The coffee giant is out with better than expected earnings, and Bill Smead, of the Smead Value Fund, shares his analysis.
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The coffee giant is out with better than expected earnings, and Bill Smead, of the Smead Value Fund, shares his analysis.
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