Starbucks Australia recorded an annual revenue of just over 157 million Australian dollars in the 2023 financial year, and recorded its first profits since its entrance into the Australian market in 2000. The coffee chain historically struggled to gain momentum in the Australian coffee landscape due to a strong consumer preference for independent cafés and smaller chains. Nonetheless, a rising love of specialty coffee drinks, especially iced coffee, has started to shift more customers towards Starbucks outlets in the country.
Key financial figures of Starbucks Australia in financial year 2023
(in million Australian dollars)
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Allegra World Coffee Portal. (November 6, 2023). Key financial figures of Starbucks Australia in financial year 2023 (in million Australian dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1477213/starbucks-australia-key-financial-figures/
Allegra World Coffee Portal. "Key financial figures of Starbucks Australia in financial year 2023 (in million Australian dollars)." Chart. November 6, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1477213/starbucks-australia-key-financial-figures/
Allegra World Coffee Portal. (2023). Key financial figures of Starbucks Australia in financial year 2023 (in million Australian dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1477213/starbucks-australia-key-financial-figures/
Allegra World Coffee Portal. "Key Financial Figures of Starbucks Australia in Financial Year 2023 (in Million Australian Dollars)." Statista, Statista Inc., 6 Nov 2023, https://www.statista.com/statistics/1477213/starbucks-australia-key-financial-figures/
Allegra World Coffee Portal, Key financial figures of Starbucks Australia in financial year 2023 (in million Australian dollars) Statista, https://www.statista.com/statistics/1477213/starbucks-australia-key-financial-figures/ (last visited December 23, 2024)
Key financial figures of Starbucks Australia in financial year 2023 (in million Australian dollars) [Graph], Allegra World Coffee Portal, November 6, 2023. [Online]. Available: https://www.statista.com/statistics/1477213/starbucks-australia-key-financial-figures/
