Review the 2022 Annual Report for Starbucks.

And Provide answers to questions below mentioned.

I'm providing key highlights of annual report. For other details kindly check Full annual report of starbucks.

• Financial Highlights:
  • Revenue: $29.1 billion, an increase of 19% from 2021
  • Net income: $5.9 billion, an increase of 27% from 2021
  • Earnings per diluted share: $1.92, an increase of 29% from 2021
• Key Drivers of Growth:
  • Continued growth in same-store sales, which increased 18% in 2022
  • Strong new store growth, with the company opening 4,919 net new stores in 2022
  • Increased customer engagement, with the company's mobile app reaching 25 million active users in 2022
• Key Challenges:
  • Rising costs, which the company is working to offset through price increases and cost-saving initiatives
  • Increased competition from other coffee companies
  • Labor shortages, which are impacting the company's ability to operate its stores at full capacity
• Outlook:

Starbucks is optimistic about its future growth prospects. The company expects to continue to grow same-store sales and open new stores in 2023. Starbucks is also investing in new initiatives, such as its delivery business and its plant-based beverage line, to drive growth.

Overall, Starbucks is a strong company with a bright future. The company has a loyal customer base, a strong brand, and a proven track record of growth. Starbucks is well-positioned to continue to grow in the years to come.

In addition to the financial highlights and key drivers of growth, the 2022 Annual Report also provides insights into Starbucks' commitment to social responsibility. The company has a number of initiatives in place to promote environmental sustainability, social responsibility, and ethical business practices. For example, Starbucks is committed to sourcing 100% of its coffee from ethically sourced farms by 2025. The company is also working to reduce its environmental impact by reducing its use of energy, water, and waste.

Starbucks' commitment to social responsibility is one of the reasons why the company is so popular with consumers. Customers appreciate Starbucks' efforts to make a positive impact on the world. This commitment to social responsibility is also one of the reasons why Starbucks is a good investment. Companies that are committed to social responsibility are more likely to be successful in the long run.

Requirements:

1. Do they have any kind of intellectual property, discuss.
2. How much was their total revenue in 2022? How much of this was domestic and how much as international? Is one market place more dominant than the other? Discuss why or why not.
3. Is the market price of their stock is volatile, discuss.
4. Are they involved in any legal proceedings? Discuss
5. Did they have a net profit or net loss for 2022 and how much was it?
6. If you were given the opportunity to be CEO of Starbucks would you want that job? Why or why not?
7. What you think the long-term outcome is for Starbucks? Discuss your overall impressions.

Please avoid use of any AI tools.