Starbucks Corporation Exchange (NASDAQ, USD)
Starbucks Corporation Exchange (NASDAQ, USD)

Revenues from the licensed stores accounted for 10% of total net revenues in fiscal 2020.
Licensed stores generally have a lower gross margin and a higher operating margin than company-operated stores.
Under the licensed model, Starbucks receives a margin on branded products and supplies sold to the licensed store operator along with a royalty on retail sales.
Licensees are responsible for operating costs and capital investments which more than offset the lower revenues SBUX receives under the licensed store model.
"Other" primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients, serveware and ready-to-drink beverages, among other items
The company was not breaking out China at first, thus it is included in the Other category prior to 2018