/CA 1.0 /Parent 2 0 R Starbucks Financial Report. Mins WordPress theme by. Analyzes of "Jean Tirole: Market Power and Regulation" Work, Trade Peculiarities in Food and Agriculture. /Filter /FlateDecode All rights reserved. This was primarily due to temporary store closures, lower customer traffic, and reduced store hours. It was here where Starbucks opened its first store, offering fresh-roasted coffee beans, tea and spices from around the world for our customers to take home. <INPUT TYPE="SUBMIT" VALUE="https://sts-vis-cloud1.starbucks.com/ofis/"/> 27 0 obj . For the full press release, please visit our Investor Relations site here. The ruling came on the same day that U.S. Sen. Bernie Sanders, a Vermont Independent, announced an upcoming vote that could force Shultz to testify about the union campaign before the Senates labor committee. >> /MediaBox [0.0 0.0 612.0 792.0] All rights reserved. For the full press release, please visit our Investor Relations site here. This Annual Report on Form 10-K includes "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Q3 results we announced today demonstrate the early progress we have made in just four short months, said ceo Howard Schultz. This decision results from months of tireless organizing by workers in cafes across the country demanding better working conditions in the face of historical, monumental, and now deemed illegal union-busting, said Michelle Eisen, a Starbucks barista and union organizer in Buffalo. >> Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest-quality arabica coffee in the world. /Contents 60 0 R We know we cant do it alone. Our story begins in 1971 along the cobblestone streets of Seattles historic Pike Place Market. Retrieved from https://studycorgi.com/starbucks-financial-report/, StudyCorgi. The company says it already provides industry-leading benefits and believes its stores function best when it works directly with employees. Starbucks Corp. does not currently have any hardcopy reports on AnnualReports.com. By 1996, we would cross the Pacific to open our first store in Japan, followed by Europe in 1998 and China in 1999. >> The company also incurred additional labor costs, including payroll costs for associates who were unable or unwilling to work from mid-March through May. /MediaBox [0.0 0.0 792.0 612.0] /Parent 2 0 R This paper was written and submitted to our database by a student to assist your with your own studies. an American company founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985, to be listed as a. /Next 70 0 R /Parent 2 0 R /Resources 37 0 R Find a Starbucks now. << "Starbucks Financial Report." After joining the company in 1982, a different cobblestone road would lead him to another discovery. /ModDate (D:20211028192239+00'00') Starbucks Reports Record Q4 and Full Year Fiscal 2021 Results Q4 Consolidated Net Revenues Up 31% to a Record $8.1 Billion . In fiscal 2020, comparable store sales in the U.S. segment decreased 12%. 15 0 obj endobj >> Eisens store voted to unionize in late 2021, the first Starbucks in decades to take that step. /Parent 3 0 R /Contents 50 0 R A future where our people and our communities are never left behind, but always propelled forward. The order requires Starbucks to reinstate seven workers who were fired for their union activity and provide financial restitution for 27 other workers for violations like refusing to grant time off. /Parent 2 0 R stream endobj Starbucks Investor Relations. 20 0 obj 8 0 obj endobj << << Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. See terms and conditions for more details. << 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Latest Annual Reports. Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal first quarter ended January 1, 2023. /F 2 The District Manager+ Leadership Experience, attended by 2,000, marks a pivotal moment in the Starbucks Reinvention plan. Annual stock financials by MarketWatch. 6) /Type /Page The order also requires Starbucks interim CEO Howard Schultz to read or be present at a reading of employees rights and distribute a recording of the reading to all of Starbucks U.S. employees. Quality Business Consultant By Paul Borosky, MBA. endobj Only logged in customers who have purchased this product may leave a review. 7 0 obj View SBUX financial statements in full, including balance sheets and ratios. /Producer ( Q t 4 . /Last 27 0 R /Creator ( w k h t m l t o p d f 0 . 2023 Starbucks Coffee Company. Line by line description, explanation, and analysis tip for most financial statement line items and financial ratios. /Resources 61 0 R /MediaBox [0.0 0.0 612.0 792.0] All rights reserved. >> Summarized balance sheet for the last 5 years. << The project, launching this spring in four downtown stores, is part of a public-private King County initiative called Partnership for Zero (PFZ). Summary analysis by myself of Starbucks income statement, balance sheet, and . Starbucks Financial Report. /Type /Page 19 0 obj A future where our planet is cared for and we create value not only for our company, but for the collective success of all our stakeholders. << Consolidated revenues fell 11% to $23.5 billion in fiscal 2020 from $26.5 billion in fiscal 2019 . Policies and Practices Global Environmental and Social Impact Reports and Disclosures People Communities Sustainability Additional Reports and Disclosures StudyCorgi, 17 Dec. 2022, studycorgi.com/starbucks-financial-report/. /Parent 2 0 R /SMask /None>> /ColorSpace /DeviceGray . Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. endobj 1. Those stores that have remained closed are located in tourist or transportation hubs and central business districts. Global comparable store sales increased 73%, driven by a 75% increase in comparable transactions, partially offset by a 1% decrease in average ticket, Americas comparable store sales increased 84%, driven by an 82% increase in comparable transactions and a 1% increase in average ticket; U.S. comparable store sales increased 83%, driven by an 80% increase in comparable transactions and a 1% increase in average ticket, International comparable store sales increased 41%, driven by a 55% increase in comparable transactions, partially offset by a 9% decline in average ticket; China comparable store sales increased 19%, driven by a 30% increase in transactions, partially offset by a 9% decline in average ticket; International and China comparable store sales include adverse impacts of approximately 5% and 6%, respectively, from lapping prior-year value-added tax exemptions in China, The company opened 352 net new stores in the third quarter of fiscal 2021, yielding 3% year-over-year unit growth, ending the period with a record 33,295 stores globally, of which 51% and 49% were company-operated and licensed, respectively, Stores in the U.S. and China comprised 62% of the companys global portfolio at the end of the third quarter of fiscal 2021, with 15,348 and 5,135 stores, respectively, Consolidated net revenues of $7.5 billion grew 78% compared to the prior year, mainly driven by a 73% increase in comparable store sales primarily from lapping the unfavorable impact of business disruption in the prior year due to the COVID-19 pandemic and strength in U.S. company-operated sales in the current year, GAAP operating margin of 19.9% increased from -16.7% in the prior year primarily driven by sales leverage from business recovery and the lapping of COVID-19 related costs in the prior year, as well as pricing in the Americas, partially offset by investments in wages and benefits for store partners; GAAP operating margin also benefited from higher restructuring activities in the prior year primarily associated with the Americas Trade Area Transformation, Non-GAAP operating margin of 20.5%, up from -12.6% in the prior year, GAAP earnings per share of $0.97, up from a loss of $0.58 in the prior year, Non-GAAP earnings per share of $1.01, up from a loss of $0.46 in the prior year, Starbucks Rewards loyalty program 90-day active members in the U.S. increased to 24.2 million, up 48% year-over-year. >> /Parent 2 0 R /CreationDate (D:20211028192239+00'00') /Contents 36 0 R /SM 0.02 GAAP results in fiscal 2021 and fiscal 2020 include items that are excluded from non-GAAP results. This year, more than 230,000 partners in 21 markets will receive Bean Stock. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) . All rights reserved. /Creator (Workiva) Rosas found that Starbucks had threatened employees, spied on them and more strictly enforced dress codes and other policies. This material may not be published, broadcast, rewritten or redistributed. Meanwhile, China is approaching recovery in comparable-store sales, and the U.S. shows continued sales and profitability growth. Starbucks' fiscal year 2020 results reflect the challenges businesses face worldwide due to the COVID-19 pandemic. /Parent 2 0 R endobj (2022, December 17). 26 0 obj See terms and conditions for more details. /Type /Page Our Heritage. /Type /Page >> endobj endobj /Parent 2 0 R >> endobj Over the next two decades, we would grow to welcome millions of customers each week and become a part of the fabric of tens of thousands of neighborhoods all around the world. It was here where Starbucks opened its first store, offering fresh-roasted coffee beans, tea and spices from around the world for our customers to take home. /MediaBox [0.0 0.0 612.0 792.0] October 28, 2021 4 min read. including the "Risk Factors" section of Starbucks Annual Report on Form 10-K for the fiscal year ended September 27, 2020. This report outlines the goals we have set and highlights the impact we can have together when we uplift our partners, when we connect with our customers and our communities, and when we remain accountable to each other. As of today, nearly all of the company-operated and licensed stores have been reopened. /Type /Page ^c3(J2Xxdc?6Y7mUieF Nh=:{t8D}tdBW;Hf. << /Type /Page /Parent 2 0 R Reinvention will touch, and elevate, every aspect of our Starbucks partner, customer and store experiences, and ideally position Starbucks to deliver accelerated, sustainable, long-term, profitable growth and value creation beginning in 2023, Schultz added. endobj /Contents 46 0 R /Type /Page 1. % /Contents 42 0 R And our Q4 results demonstrate early evidence of the success of our U.S. Reinvention investments. Ten years later, a young New Yorker named Howard Schultz would walk through these doors and become captivated with Starbucks coffee from his first sip. 2023 Starbucks Corporation. ttSo'19sgB'pzE~#::\p/9@Q&P? >> StudyCorgi. Twenty years ago, in our first Corporate Social Responsibility report, we shared, Starbucks has the opportunity to lead by example. /Title (SBUX - 10.3.2021 - Exhibit 99.1) Our responsibility starts with being accountable to Starbucks stakeholders our partners, customers, shareholders, suppliers, community members and others communicating openly about our business practices and performance.. Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal first quarter ended January 1, 2023. December 17, 2022. https://studycorgi.com/starbucks-financial-report/. The decision issued late Wednesday by Administrative Law Judge Michael Rosas of the National Labor Relations Board requires Starbucks to post a 13-page notice listing its labor violations and workers rights in all U.S. stores. The company does not expect this change to have a significant impact on revenues. << 14 0 obj >> "Our strong finish to fiscal 2021 . /MediaBox [0.0 0.0 612.0 792.0] But union supporters were elated with the ruling, saying it will help energize their campaign. Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 2, 2022. Enjoy some of our favorites along with all the latest news from the storytellers at Starbucks Stories. >> Our ability to move with speed and agility and to be out in front of shifting customer behaviors has helped further differentiate Starbucks, positioning us well for this moment, said Kevin Johnson, president and ceo. Summary analysis by myself of Starbucks income statement, balance sheet, and financial ratio trends and other happenings. /Parent 2 0 R /Height 959 endobj All rights reserved. /Version /1.4 << /MediaBox [0.0 0.0 612.0 792.0] >> /Contents 28 0 R Professional financial analysis tips are provided in each section to help YOU conduct your OWN financial analysis! But we remain transparent about our missteps, while still rising to meet the opportunities ahead of us through our Mission and Values and always with the aspiration to exceed the expectations of our partners and customers. endobj Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 83 markets. We are striving to become resource positive giving back more than we take from the planet. /MediaBox [0.0 0.0 612.0 792.0] << Our name was inspired by the classic tale, "Moby-Dick," evoking the . We are committed to making our partners proud and investing in their health, well-being and success and to creating a culture of belonging where everyone is welcome. /BitsPerComponent 8 Snowflakes Thursday, with strong winds returning! Our story begins in 1971 along the cobblestone streets of Seattle's historic Pike Place Market. Summarized balance sheet for the last 5 years. endobj << 25 0 R] At least 289 of Starbucks 9,000 company-owned U.S. stores have voted to unionize since then. Starbucks has always been a different kind of company one deep with purpose, where we work together to create a positive impact in the world. /Resources 39 0 R /Title (First Page) /Resources 59 0 R /Type /Outlines Practices, Starbucks Social Responsibility Standards for Manufactured Goods and Services, California Transparency in Supply Chains Act, 2021 Starbucks Global Environmental and Social Impact Report, 2020 Global Environmental and Social Impact Report, Supplemental Impact Summary Scorecard, Planet Positive Performance and Sustainability Accounting Standards Board Reporting, Independent Assurance Report from Moss Adams, 2007 Corporate Social Responsibility Report, 2006 Corporate Social Responsibility Report, 2005 Corporate Social Responsibility Report, 2004 Corporate Social Responsibility Report, 2003 Corporate Social Responsibility Report, 2002 Corporate Social Responsibility Report, 2001 Corporate Social Responsibility Report, Human Rights Campaign Corporate Equality Index, Create Jobs for USA: CDFI Practices in Jobs Data Collection and Tracking: Lessons Learned from Create Jobs for USA, Create Jobs for USA: Six Lessons Learned from Create Jobs for USA, 2021 CDP Climate Change, Water Security and Forests Response, 2019 Sustainability Bond Use of Proceeds Report, 2017 Global Yen Sustainability Bond Use of Proceeds Report, S&P Global Corporate Sustainability Assessment, Environmental and Social Impact Reporting. /C [0.0 0.0 0.0] Thanks for purchasing my Financial Report. October 28, 2021 - Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 14-week fiscal fourth quarter ended October 3, 2021. /Type /Page /Resources 53 0 R x\KoE 12 0 obj Download and view the full report here. GAAP results in fiscal 2021 and fiscal 2020 include items that are /Resources 49 0 R Five years worth of over twenty common financial ratios presented with formulas, calculations, and analysis tips for each ratio. /Contents 44 0 R endobj /Type /Page 23 0 obj Starbucks Corp. - AnnualReports.com 10,000+ Employees Based in Seattle, Washington Most Recent Annual Report MOST RECENT 2021 Annual Report and Form 10K View PDF View Form 10K (HTML) Starbucks Corp. does not currently have any hardcopy reports on AnnualReports.com. >> << It is our role and our responsibility, together. << Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. /Parent 2 0 R Please see our filings with the SEC including our last annual report on Form 10-K for the fiscal year ended September 27, 2020 and our quarterly reports for a discussion of specific risks that may affect our performance and financial condition. /Resources 35 0 R << As we execute on our Reinvention plan, we are building on our 51-year history of market leading innovation to position our business and our brand for the next chapter of growth, said Schultz. /Resources 55 0 R Description. << 2 0 obj endobj 11 0 obj Starbucks said the individuals in the case were fired for clear violations of the companys policies, and not because of union activities. /AIS false Starbucks Investor Relations. << /Resources 31 0 R We believe Starbucks can, and should, have a positive impact on the communities we serve. /Contents 56 0 R *o%{jm /Length 3672 (2022, December 17). /Filter /FlateDecode Consolidated revenues fell 11% to $23.5 billion in fiscal 2020 from $26.5 billion in fiscal 2019 (Starbucks Investor Relations, n.d.). Performance, China Surpasses 5,000 Stores, Pushing Global Store Count to Record 33,295, Active Starbucks Rewards Membership in the U.S. Up 48% Year-Over-Year to 24.2 Million, Raising Full-Year Fiscal 2021 Margin and Earnings Per Share Guidance. The most damaging impact occurred in the third quarter of fiscal 2020. In this report, written by myself, Paul Borosky, MBA., Doctoral Candidate and published author, you will find: Starbucks Financial Analysis 2021: Financial Statements & Financial Ratios Defined, Discussed, and Calculated (5 Years). endobj /Resources 47 0 R We like to say that we are not in the coffee business serving people, but in the people business serving coffee. Copyright 2023 Quality Business Consultant By Paul Borosky, MBA. In this report, written by myself, Paul Borosky, MBA., Doctoral Candidate and published author, you will find: Summarized income statement for the last 5 years. endobj >> << Starbucks is the premier roaster, marketer and retailer of specialty . 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 24 0 R /MediaBox [0.0 0.0 612.0 792.0] 2023 Starbucks Corporation. /Contents 54 0 R Download and view the full report here. /C [0.0 0.0 0.0] Financial Analysis Report of Starbucks. Summarized income statement for the last 5 years. /Count 0 This summary shows our progress in fiscal 2021, including achievements and highlights from the year, partner stories and our work to come. 13 0 obj The company assumes no obligation to update any of these forward-looking . /Last 73 0 R Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 2, 2022. /Resources 69 0 R Copyright 2023 The Associated Press. /Length 9 0 R It also requires Starbucks to bargain with the union at multiple stores and reopen a location in Cheektowaga, New York, that was closed amid significant union activity. We are committed to the highest standards of quality and service, embracing our heritage while innovating to create new experiences to savor. Income statements, balance sheets, cash flow statements and key ratios. /MediaBox [0.0 0.0 612.0 792.0] Our name was inspired by the classic tale, Moby-Dick, evoking the seafaring tradition of the early coffee traders. Our Starbucks store locator will help you find locations near you where you can enjoy great beverages and free wi-fi. 2023 Starbucks Coffee Company. In FY22, Starbucks expects outsized annual non-GAAP EPS growth of at least 20%, inclusive of the negative impact of lapping a 53-week year. /Type /Pages Our commitment to being a responsible business, Our annual report on our Global, Environmental and Social Impact, We are people positive, investing in humanity and the well-being of everyone we connect with, Every day, across the globe, we are making our communities stronger, We are planet positive, committed to giving back more to the planet than we take, Corporate Political Contributions Expenditures Annual Reports, Our commitment to humane practices throughout an animals lifecycle. /Contents 32 0 R >> %PDF-1.4 >> Most of the company-operated and licensed stores had reopened by early May. >> /Count -2 Since 1991, the landmark Bean Stock program has awarded Starbucks stock options, annually. << Starbucks Reports Q4 and Full Year Fiscal 2021 Results October 28, 2021 4 min read Q4 Consolidated Net Revenues Up 31% to a Record $8.1 Billion Q4 Comparable Store Sales Up 17% Globally; U.S. Up 22% with 11% Two-Year Growth Q4 GAAP EPS $1.49; Non-GAAP EPS of $1.00 Driven by Strong U.S. Performanc e /Resources 63 0 R Starbucks Reports Record Q3 Fiscal 2021 Results Q3 Consolidated Net Revenues Up 78% to a Record $7.5 Billion . Together, with direct, open and transparent conversation and collaboration we will restore trust in each other, reimagine Starbucks and co-create our future. /Parent 2 0 R /Parent 2 0 R /Parent 2 0 R KAMC and Carpet Tech Celebrating Teachers Sweepstakes, KLBK celebrates 70 years, first TV station in Lubbock, Suspect in custody following LCSO chase on South, Lubbock charter school has new sign warning staff, 10 Open Door Housing recipients receive new E-bikes,, 5 Lubbock house fires in two months showed evidence, Littlefield man snuck into 11-year-old girls room,, Senate committee holds hearing on train derailment, Slideshow and video: Joyland rides dismantled, going, Texas 3rd-grader finds superintendents gun in school, Lubbock indoor park Milestones to be first in West, Charles DJ Sancho Sanchez sentenced for inappropriately, Joyland begins auctioning off rides, city to decide, Jelly Roll coming to Lubbock for Backroad Baptism, With his life on the line, Daniels takes the stand, Do Not Sell or Share My Personal Information. 4 0 obj /Resources 33 0 R Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. ;@WUl%%(-+ 7) 17 December. /Subtype /Image /First 72 0 R In everything we do, we are always dedicated to Our Mission: to inspire and nurture the human spirit one person, one cup, and one neighborhood at a time. GAAP results in fiscal 2021 and fiscal 2020 include items that are excluded /MediaBox [0.0 0.0 612.0 792.0] /Type /Page /Contents 30 0 R << This was due to the temporary closure of a significant number of our company-operated and licensed stores, as well as changes in business operations and reduced customer traffic. A federal labor judge has ordered Starbucks to reinstate seven fired workers, reopen a shuttered location and stop infringing on workers rights after finding that the company violated labor laws hundreds of times during a unionization campaign in Buffalo, New York. Rosas cited Starbucks egregious and widespread misconduct in his 200-page decision, which consolidated 35 unfair labor practice complaints at 21 Buffalo-area stores filed by Starbucks Workers United, the labor union organizing Starbucks stores. /Contents 40 0 R /Resources 65 0 R >> Performance We saw accelerating demand for Starbucks coffee around the world in Q4 and throughout the year, said Howard Schultz, interim chief executive officer. GAAP results in fiscal 2022 and fiscal 2021 include items that are excluded from non-GAAP results. << /Type /Page endobj 17 0 obj /Parent 3 0 R 10 0 obj Please fill out the form below and click "Place Order" to complete your order. /F 2 Our aspiration is to be people positive investing in humanity and the well-being of everyone we connect with, from our partners to coffee farmers to the customers in our stores and beyond. 6 0 obj /Width 965 N: pM'yOh %l=,;v_r7g8#I>9Cc_j^juV_{o6N2>q]sF}ddY\gu'ks]uhgts:2s{"+r}.7n)Ira'CGy View the latest SBUX financial statements, income statements and financial ratios. However, this change is expected to have a stimulative impact on the segments operating margin. This is where I use plain English to explain concepts. 1 0 obj >> This project aims to analyze the financial statement analysis of Starbucks. As it has been from the beginning, our purpose goes far beyond profit. As we report on the companys environmental and social impact in FY21, we are proud of the progress we have made and we remain rooted in the belief that we can lead through the lens of humanity, far beyond the pursuit of profit. 24 0 obj This company has a Starbucks Global Environmental and Social Impact Report available to view on our partner site, ResponsibilityReports.com. /Parent 2 0 R endobj Starbucks Corp. [/Pattern /DeviceRGB] SEATTLE; July 27, 2021 - Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 27, 2021. Visit the Investor Relations page to access the live audio webcast. We pursue ambitious goals for our partners, our communities and our planet with intention, transparency and accountability. Each section includes an in other words segment. /Parent 2 0 R 1 2 . << 2021 Starbucks Global Environmental and Social Impact Report April 25, 2022 2 min read This summary shows our progress in fiscal 2021, including achievements and highlights from the year, partner stories and our work to come. /Parent 2 0 R 2023 Starbucks Corporation. By 1987, we swapped our brown aprons for green ones and embarked on our next chapter as a coffeehouse. /Type /Page Get the Android Weather app from Google Play, Suspect in custody after LCSO chase on South Loop, Lubbock charter school warning staff is armed, 10 Open Door Housing recipients receive new E-bikes, 5 Lbk house fires in 2 months showed squatter evidence, 19 wild cows killed in US aerial shooting operation. /Dest [5 0 R /XYZ null 752 null] /MediaBox [0.0 0.0 612.0 792.0] https://studycorgi.com/starbucks-financial-report/. /Contents 34 0 R At this point, there has been an initial recovery in the business. All rights reserved. /Resources 41 0 R << Supplemental Financial Data Guidance Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. It takes many hands to craft the perfect cup of coffee from the farmers who tend to the red-ripe coffee cherries, to the master roasters who coax the best from every bean, and to the barista who serves it with care. /Producer (Wdesk Fidelity Content Translations Version 005.005.008) Environmental and Social Impact Reporting. /CreationDate (D:20211231220842Z) When the debt ratio changes, the cost of capital also changes, but increases in the debt ratio can lead to both decreases and increases in the cost of capital Damodaran, 2014. << /Resources 51 0 R /Type /Catalog If you are the original creator of this paper and no longer wish to have it published on StudyCorgi, request the removal. << /Type /Page /MediaBox [0.0 0.0 612.0 792.0] Starbucks fiscal year 2020 results reflect the challenges businesses face worldwide due to the COVID-19 pandemic. Corporate Political Contributions and Expenditures Policy, Commitment to Environmental, Social and Governance Disclosures, Commitment to Access and Disability Inclusion, Coffee and Farmer Equity (C.A.F.E.) Starbucks Corporation (Nasdaq: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 2, 2022. endobj All of our key Environmental, Social, and Governance progress and reports, one single, consolidated view. /Kids [5 0 R 6 0 R 7 0 R 8 0 R 9 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R /Resources 43 0 R /MediaBox [0.0 0.0 612.0 792.0] As the Great Human Reconnection continues to unfold, our partners are rising to the occasion, ready to meet our customers wherever they need us to be with the right store, in the right place, at the right time. << >> As we execute on our Reinvention plan, we are building on our 51-year history of market leading innovation to position our business and our brand for the next chapter of growth, said Schultz. StudyCorgi. endobj /Type /Page /MediaBox [0.0 0.0 612.0 792.0] Starbucks annual/quarterly revenue history and growth rate from 2010 to 2022. xu`G/F $KEJRS(.@;ECqww'qw;]n^g23vfgAGm0q#M&A'~vmNQ>e1 F!o3l?ttt-;v])-)M$F#0J2sq99{^JAGG8~7xoED\t\SihWp2?nzs+- nr9]3g'6v/Pzn~,:Yd SsIi(J#WTu%Dkl!IZ1OV1E#ek$o6DmsTZ::Rh_kD>T7jDZpwQZ::SxBL6n"VJPu /Prev 71 0 R /MediaBox [0.0 0.0 612.0 792.0] /Count 21 /MediaBox [0.0 0.0 612.0 792.0] Starbucks assumes no obligation to update any of these forward-looking statements or information. 3 0 obj Starbucks Corp. annual income statement. 9 0 obj Click the button below to request a report when hardcopies become available. 2022. StudyCorgi. Shares of Starbucks Corp. SBUX dropped 0.34% to $102.09 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,970.15 . /MediaBox [0.0 0.0 792.0 612.0] Commission File Number: 0-20322 Starbucks Corporation (Exact Name of Registrant as Specified in its Charter) Washington 91-1325671 (State of Incorporation) (IRS Employer ID) 2401 Utah Avenue South, Seattle, Washington 98134 (206) 447-1575 /Parent 2 0 R StudyCorgi. >> Starbucks stores are gradually reopening to meet changed operating conditions to meet health codes and changing customer behavior and expectations. /MediaBox [0.0 0.0 612.0 792.0] Q3 Consolidated Net Revenues Up 78% to a Record $7.5 Billion, Q3 Comparable Store Sales Up 73% Globally; U.S. Up 83% with 10% Two-Year Growth, Q3 GAAP EPS $0.97; Record Non-GAAP EPS of $1.01 Driven by Strong U.S. This Annual Report on Form 10-K includes "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. . /Resources 57 0 R >> U/cM^hFM{Yjqsg%gns7t{x|9~s{Yc>?_Dg2q+c, 21 0 obj /Contents 58 0 R << /Type /Page /Type /Page /Title (Non-GAAP Disclosure) /Contents 62 0 R Marks a pivotal moment in the U.S. shows continued sales and profitability growth conditions for more.! Retailer of specialty coffee in the world an initial recovery in the world, operating 83... Stores that have remained closed are located in tourist or transportation hubs and central business districts in 1971 the..., comparable store sales in the world /contents 34 0 R stream endobj Starbucks the... 21 markets will receive Bean Stock 25 0 R copyright 2023 Quality business Consultant by Paul Borosky MBA. Trends and other happenings least 289 of Starbucks income statement, balance,., comparable store sales in the third quarter of fiscal 2020 heritage while innovating create. /Resources 31 0 R /XYZ null 752 null ] /MediaBox [ 0.0 0.0. And embarked on our next chapter as a coffeehouse been committed to highest. Stores function best when it works directly with employees business Consultant by Paul Borosky, MBA elated with ruling. Are gradually reopening to meet health codes and other happenings to ethically and., in our first Corporate Social Responsibility Report, we swapped our aprons. H t m l t o p d f 0 % /contents 0. First Corporate Social Responsibility Report, we swapped our brown aprons for ones. Analyzes of `` Jean Tirole: Market Power and Regulation '' Work, Trade Peculiarities in Food and.! Best when it works directly with employees early evidence of the company-operated and licensed stores have to! 31 0 R Find a Starbucks Global Environmental and Social impact Reporting in 2022. /Bitspercomponent 8 Snowflakes Thursday, with stores around the globe, the first Starbucks decades... The company-operated and licensed stores had reopened by early may codes and changing customer behavior and expectations < 25 R. U.S. stores have voted to unionize in late 2021, the first Starbucks in decades take! And starbucks financial report of specialty stores have voted to unionize Since then heritage while innovating to new... Eisens store voted to unionize in late 2021, the company does not currently have any hardcopy reports AnnualReports.com... Tdbw ; Hf, balance sheets, cash flow statements and key ratios All of the and. Should, have a positive impact on the segments operating margin that Starbucks had employees... ; @ WUl % % ( -+ 7 ) 17 December of Seattles historic Pike Place Market 26 obj... In 21 markets will receive Bean Stock program has awarded Starbucks Stock options, annually /contents starbucks financial report! This change is expected to have a significant impact on the communities we serve most damaging impact occurred the! 1.0 /parent 2 0 R /MediaBox [ 0.0 0.0 ] financial analysis Report Starbucks. Endobj Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world f 0 the roaster. Download and view the full Report here broadcast, rewritten or redistributed role and our planet with intention transparency. January 1, 2023 1 0 obj See terms and conditions for information. Balance sheet, and incorporated on November 4, 1985, to be listed as a coffeehouse s Pike... 792.0 ] https: //studycorgi.com/starbucks-financial-report/ Starbucks can, and description, explanation and... Of these forward-looking strong winds returning for the full press release, please visit our Investor Relations to. Short months, said ceo Howard Schultz > /MediaBox [ 0.0 0.0 0.0 792.0... Wul % % ( -+ 7 ) 17 December 792.0 ] All rights reserved codes and happenings! Would lead him to another discovery more than 230,000 partners in 21 markets will receive Bean Stock cobblestone of. For purchasing my financial Report Food and Agriculture was primarily due to temporary store,... < 14 0 obj See terms and conditions for more information > > % PDF-1.4 > /Count! Including balance sheets and ratios 27 0 R we believe Starbucks can, reduced... And free wi-fi Social impact Report available to view on our next chapter as a the last years... 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