Starbucks Reports Record Fourth Quarter and Fiscal 2012 Results
Q4 Revenues up 11% to a Record $3.4 Billion Q4 EPS of $0.46; Up 24% After Excluding Non-Routine Gains in Prior Year Strong Traffic Drives 7% US Comparable Store Sales Growth; 6% Global Growth Channel Development Revenue Grows 32% Board Raises Quarterly Cash Dividend 24% on Strength of Business and Outlook
SEATTLE, November 01, 2012 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September 30, 2012. When comparing with prior year results, note that fiscal 2011 included 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. A reconciliation of select FY11 GAAP measures to non-GAAP measures is included at the end of this document.