Starbucks started as a local coffee bean roaster and retailer based in Seattle, Washington. Since that time, the coffeehouse has expanded rapidly into a coffee corporation.

On this day, June 26th, in 1992, Starbucks went public at a price of $17 per share. As the company continued to grow, the stock price followed suit as well.

Starting in the 1990s and through the 2000s, Starbucks opened up a new store every work day. The first location outside of the United States and Canada opened during the mid 1990s. Now, the company has a presence overseas as almost a third of Starbucks stores are outside of the United States.