A quick Google suggests in 2016 it was $1.17B, and earned $21M, or 1.79%.
(via https://www.amminvest.com/starbucks-sbux-float/ )
I mean I’d love to have a free $21M a year, but if you’re already Starbucks then somehow it feels like pocket change compared to your actual earnings and would question if it was worth the effort.
I mean I’d love to have a free $21M a year, but if you’re already Starbucks then somehow it feels like pocket change compared to your actual earnings and would question if it was worth the effort.