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Apr 26, 2012
Starbucks Reports Record Second Quarter Fiscal 2012 Results

SEATTLE, April 26, 2012 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal second quarter ended April 1, 2012.

Fiscal Second Quarter 2012 Highlights:

  • Total net revenues increased 15% to $3.2 billion
  • Global comparable store sales increased 7%, driven by a 6% increase in traffic and a 1% increase in average ticket
  • EPS increased 18% to $0.40 per share, compared to $0.34 per share in Q2 FY11
  • Channel Development revenues increased 57%, driven by sales of Starbucks- and Tazo-branded K-Cup® packs and the benefit of recognizing the full revenue from packaged coffee sales under the direct distribution model
  • Starbucks opened 176 net new stores globally, including its 3,000th store in the China/Asia Pacific segment, its first store in Norway and the first Evolution Fresh™ store in Bellevue, Wash.

"Starbucks record Q2 performance demonstrates the strength of our business, the increasing power and global relevance of our brand and the success of our unique Blueprint for Profitable Growth business strategy," said Howard Schultz, chairman, president and ceo. "In Q2 we expanded our retail presence, recorded our seventh consecutive quarter of over 20% sales growth in China, introduced new products into multiple channels and more than offset high legacy commodity costs through increased efficiencies. I could not be more excited or more optimistic about the future of our company as we pursue disciplined, profitable growth all around the world," Schultz added.
 

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Apr 11, 2012
Starbucks Announces Q2 Fiscal Year 2012 Results Conference Call
SEATTLE; April 11, 2012 – Starbucks Corporation (NASDAQ: SBUX) plans to release its second quarter fiscal year 2012 financial results after the market close on Thursday, April 26, 2012, 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 end of day Friday, May 25, 2012.
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Mar 16, 2012
Starbucks to Webcast 2012 Annual Meeting of Shareholders
SEATTLE; March 16, 2012 – Starbucks Corporation (NASDAQ: SBUX) will hold its 2012 annual meeting of shareholders on Wednesday, March 21, 2012 at 10:00 a.m. PT. The event 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 Wednesday, April 25, 2012.
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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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