• radiohead37
    5·
    1 year ago

    I’m surprised the two lowest ones are Subway and Starbucks. Where’s the $5 foot long? And I guess Starbucks has always been expensive so $6 for a coffee isn’t much of an increase from what it was.

    • BezzelBob@lemmy.worldOP
      3·
      1 year ago

      I was surprised too, but then I found this vvv. This people are making 25 billion profit which now makes sense for the comparatively low percentage

      https://www.macrotrends.net/stocks/charts/SBUX/starbucks/gross-profit

      • Starbucks gross profit for the quarter ending March 31, 2024 was $5.914B, a 0.06% decline year-over-year.
      • Starbucks gross profit for the twelve months ending March 31, 2024 was $25.104B, a 8.86% increase year-over-year.
      • Starbucks annual gross profit for 2023 was $24.567B, a 12.01% increase from 2022.
      • Starbucks annual gross profit for 2022 was $21.933B, a 7.93% increase from 2021.
      • Starbucks annual gross profit for 2021 was $20.322B, a 28.43% increase from 2020.
    • Num10ck@lemmy.worldEnglish
      2·
      1 year ago

      i remember when starbucks first opened, dunkin donuts was selling plain black coffee for 10 cents a cup.