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Jan 26, 2012
Starbucks Reports Record First Quarter Fiscal 2012 Results

SEATTLE, January 26, 2012 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal first quarter ended January 1, 2012. Results are presented under the new reporting segments, which were effective with the beginning of fiscal 2012.

Fiscal First Quarter 2012 Highlights:

  • Total net revenues increased 16% to a record $3.4 billion
  • Global comparable store sales increased 9%, driven by a 7% increase in traffic and a 2% increase in average ticket
  • Starbucks opened 241 net new stores globally, reaching 500 stores in both mainland China and Latin America
  • CPG revenue increased 72%, driven by the launch of Starbucks- and Tazo-branded K-Cup® packs and the impact of the Q2 FY11 transition of packaged coffee and tea to the direct distribution model
    • Over 100 million Starbucks- and Tazo-branded K-Cup® packs shipped in Q1 following the November 1st launch
  • EPS increased 11% to a record $0.50 per share, compared to $0.45 per share in Q1 FY11
     
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Jan 12, 2012
Starbucks to Host Conference Call to Review Segment Reporting Changes

SEATTLE, January 12, 2012 - Starbucks Corporation (NASDAQ:SBUX) will host a 30-minute conference call led by CFO Troy Alstead on Friday, January 13, 2012, at 10:00 a.m. PT to provide a brief overview of Starbucks new reporting segments. The conference call will be broadcast live over the Internet and can be accessed at http://investor.starbucks.com. A replay of the webcast will be available on the company’s website until Friday, Feb 10, 2012.

The company filed an 8-K earlier today with its three-year historical financial results under the new reporting segments, which can also be found on the company’s website along with additional supplemental information.
 

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Jan 11, 2012
Starbucks Announces Q1 Fiscal Year 2012 Results Conference Call and Webcast
SEATTLE; January 11, 2012 - Starbucks Corporation (NASDAQ: SBUX) plans to announce its first quarter fiscal year 2012 financial results in a press release to be issued following the close of the financial markets on Thursday, January 26, 2012.  The company will host a live conference call which will be simultaneously webcast at 2:00 p.m. PT and will be accessible from the Investor Relations portion of the company's website: http://investor.starbucks.com.  A replay of the webcast will be available on the company's website until end of day Friday, February 24, 2012.
 
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Nov 08, 2011
Starbucks to Present at Morgan Stanley Global Consumer Conference
SEATTLE, November 08, 2011 - Starbucks Corporation (NASDAQ: SBUX) will be presenting on Tuesday, November 15, 2011 at the Morgan Stanley Global Consumer Conference in New York at 1:30 p.m. Eastern Time. A live webcast of the presentation will be available at http://investor.starbucks.com. An archived webcast will be available on Starbucks website, at the same URL, through Friday, December 16, 2011.
 
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Nov 03, 2011
Starbucks Reports Record Fourth Quarter and Record Fiscal 2011 Results

SEATTLE, November 03, 2011 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 2, 2011. These results include the impact of non-routine gains related to the sale of corporate real estate and the acquisition of the company’s joint venture operations in Switzerland and Austria. The comparable prior-year periods included 14 and 53 weeks, respectively, as fiscal 2010 contained an extra week. In addition, fiscal 2010 results also included the impact of restructuring charges. A reconciliation of select GAAP measures to non-GAAP measures is available at the end of this document.

Fiscal Fourth Quarter 2011 Highlights:

  • EPS increased 27% to $0.47 in Q4 FY11, including $0.10 attributable to non-routine gains, compared to $0.37 per share in Q4 FY10, which included approximately $0.05 related to the extra week
    • EPS increased 16% to a record $0.37 from $0.32 per share, excluding the non-routine gains in Q4 FY11, and the impact of restructuring and the extra week in Q4 FY10
  • Total net revenues reached a record $3.0 billion, an increase of 7% from the 14-week period in FY10, and an increase of approximately 15% on a comparative 13-week basis
  • Global comparable store sales increased 9% on a comparative 13-week basis, driven by a 6% increase in traffic and a 3% increase in average ticket
  • Consolidated operating margin reached 14.8%, up 70 basis points over the prior-year period’s GAAP results
    • Operating margin expanded 60 basis points to 13.8% from 13.2% on a non-GAAP basis, which excludes the non-routine gain in Q4 FY11 and the impact of restructuring and the extra week in Q4 FY10
  • The Board of Directors declared a cash dividend of $0.17 per share, a 31% increase from $0.13 per share
  • The Board also authorized the repurchase of up to an additional 20 million shares of the company’s common stock
 
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Oct 20, 2011
Starbucks Announces Q4 and Fiscal Year End 2011 Results Conference Call
SEATTLE; October 20, 2011 – Starbucks Corporation (NASDAQ: SBUX) plans to release its fourth quarter and fiscal year end 2011 financial results after the market close on Thursday, November 3, 2011, with a conference call and webcast to follow at 2:00 p.m. PT. The conference call will be broadcast live over the Internet and can be accessed at http://investor.starbucks.com.  A replay of the webcast will be available on the company’s website until Friday, December 2, 2011.
 
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Jul 28, 2011
Starbucks Reports Record Third Quarter 2011 Results

SEATTLE, July 28, 2011 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its fiscal third quarter ended July 3, 2011 and introduced FY12 targets.

Fiscal Third Quarter 2011 Highlights:

  • Total net revenues increased 12% to $2.9 billion
  • Global comparable store sales increased 8%, driven by a 6% increase in traffic and a 2% increase in average ticket
  • Consolidated operating margin was 13.7%, up 120 basis points over prior-year period’s GAAP results and 40 basis points over prior-year period’s non-GAAP results
    • U.S. operating margin improved 300 basis points to 18.8% on a GAAP basis and 210 basis points over the prior-year period’s non-GAAP results
    • International operating margin improved 200 basis points to 12.2% on a GAAP basis and 140 basis points over the prior-year period’s non-GAAP results
  • Global CPG operating income increased to $66.0 million, up 20% over prior-year period
  • EPS increased 33% to $0.36 in Q3 FY11 compared to $0.27 in Q3 FY10
  • The Board of Directors declared a $0.13 per share cash dividend to shareholders of record as of August 10, 2011, which will be paid on August 26, 2011
     
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Jul 14, 2011
Starbucks Announces Q3 Fiscal Year 2011 Results Conference Call
SEATTLE; July 14, 2011 – Starbucks Corporation (NASDAQ: SBUX) plans to release its third quarter fiscal year 2011 financial results after the market close on Thursday, July 28, 2011, with a conference call and webcast to follow at 2:00 p.m. PT. The conference call will be broadcast live over the Internet and can be accessed at http://investor.starbucks.com.  A replay of the webcast will be available on the company’s website until Friday, August 26, 2011.

 
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Apr 27, 2011
Starbucks Reports Record Second Quarter 2011 Results

SEATTLE, April 27, 2011 - Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its fiscal second quarter ended April 3, 2011.

Fiscal Second Quarter 2011 Highlights:

  • Total net revenues increased 10% to $2.8 billion
  • Comparable store sales increased 7%, driven by a 6% increase in traffic and a 1% increase in average ticket
    • U.S. comparable store sales increased 7%, driven by a 6% increase in traffic and a 1% increase in average ticket
    • International comparable store sales increased 4%, driven by an increase in traffic
  • Consolidated operating margin was 13.5%: up 10 basis points on a GAAP basis and down 20 basis points over the prior-year period’s non-GAAP results
    • U.S. operating margin improved to 18.5%: up 70 basis points on a GAAP basis and up 60 basis points over the prior-year period’s non-GAAP results
    • International operating margin improved to 11.8%: up 420 basis points on a GAAP basis and up 290 basis points over the prior-year period’s non-GAAP results
  • EPS increased 21% to $0.34 in Q2 FY11 compared to $0.28 in Q2 FY10
  • On March 1, Starbucks assumed direct management of its packaged coffee business
  • On March 10, the company announced a strategic relationship with Green Mountain Coffee Roasters for the manufacturing, marketing, distribution and sale of Starbucks® coffee and Tazo® tea branded K-Cup® portion packs for use in the Keurig® Single-Cup Brewing system, making Starbucks the exclusive, licensed super-premium brand on the Keurig® platform
  • The Board of Directors declared a $0.13 per share cash dividend to shareholders of record as of May 11, 2011, which will be paid on May 27, 2011

     
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Mar 23, 2011
Starbucks Outlines Blueprint for Profitable Growth at Annual Shareholders Meeting
SEATTLE, March 23, 2011 - Celebrating 40 years of history and reaffirming solid growth plans for the future, Starbucks Corporation (NASDAQ:SBUX) today hosted its 20th annual shareholders’ meeting, with more than 2,000 in attendance. Starbucks leadership team, led by Howard Schultz, chairman, president and ceo, honored the company’s 40-year history of providing exceptional coffee, world-class customer experience, commitment to its partners (employees) and dedication to operating as a responsible corporate citizen. The management team also reaffirmed growth plans for a new, evolved business. The focus remains on building a truly global consumer company by harnessing a powerful portfolio of brands with a unique business model, combining a global retail footprint with a significant Consumer Products (CPG) business, and leveraging direct customer engagement that drives growth across all channels globally.
 
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