Starbucks is a corporation that offers specialty coffees, coffee beans, cold blended beverages, pastries, coffee related products and machines, and tea. Starbucks opened its first location in 1971 in Seattle. By the year 2000, Starbucks had over 3300 locations, and it is still growing.
· 2000 marked 5th consecutive year of sales increase.
· Low long-term debt to equity ratio of 0.01, company has good financial standing.