Strong comp store sales increases of 6% globally and 7% in the U.S. drive record Q3 revenues of $4.2 billion

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Channel Development revenues increase 13%

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Consolidated operating margin expands to a Q3 record 18.5%

Company reiterates strong growth outlook; introduces initial FY15 growth targets

<a href="https://stories.starbucks.com/wp-content/uploads/2019/01/Q3_FY14_Earnings_Release.pdf">View detailed financial data here</a>

SEATTLE; July 24, 2014 – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 29, 2014. 

• Consolidated net revenue growth accelerated to 11%; net revenues totaled a Q3 record $4.2 billion

• Global comparable store sales increased 6%, marking the 18th consecutive quarter of global comp growth of 5% or greater

Americas comp sales increased 6%; U.S. comp sales increased 7%

China/Asia Pacific comp sales increased 7%

• Consolidated operating income increased 25%, to a Q3 record $769 million

• Consolidated operating margin expanded 200 bps, to a Q3 record 18.5%, primarily driven by sales leverage

• Channel Development revenues increased 13%; operating margin expanded 800 bps to 37.1%

• Earnings per share increased 22% to a Q3 record $0.67 per share

• The company opened 344 net new stores globally, ending the quarter with 20,863 stores across 64 countries

Following the strong performance year-to-date, the company is updating the following fiscal 2014 targets:

• Consolidated operating margin improvement now targeted at 200 bps over FY13, when excluding the Kraft litigation charge in fiscal 2013

Channel Development now targeting approximately 600 bps improvement over FY13

• Earnings per share now expected to be in the range of $2.70 to $2.72; or $2.65 to $2.67 when excluding an estimated net benefit of $0.05 for certain FY14 non-GAAP adjustments. Please refer to the GAAP to non-GAAP reconciliation at the end of this release:

Q4 EPS now in the range of $0.76 to $0.78; or $0.73 to $0.75 when excluding a $0.03 estimated net benefit as described in the above referenced reconciliation

• Net new stores now expected to be approximately 1,550

The company introduces initial fiscal 2015 targets as follows:

• Global comparable store sales growth in the mid single digits

• An additional 1,600 net new stores globally

• Earnings per share growth of 15%-20% over FY14 calculated based on non-GAAP earnings per share

“Starbucks Q3 represents another quarter of outstanding operating performance in which each of our segments contributed to record results,” said Howard Schultz, chairman, president and ceo of Starbucks Coffee Company. “The increasing power of the Starbucks brand, the success of our best-in-class mobile, social and digital technologies and our greatest asset - over 300,000 partners who deliver the Starbucks Experience to over 70 million customers around the world each week - position us to continue growing our business around the world and into the future.”

“Starbucks record Q3 results demonstrate both the power of our innovation and the opportunities for growth, globally and in the U.S., that lie ahead. Importantly, record revenues and operating margin reflect an acceleration of top-line growth and meaningful contributions from all operating regions and our Channel Development segment,” said Scott Maw, Starbucks cfo. “Our Q3 results give us confidence in our ability to deliver on our full year fiscal 2014 targets and support the strong 2015 revenue and profit growth targets we introduced today, despite continued challenging economic and consumer headwinds in many of the global markets in which we operate." 

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Starbucks Revenues Increase 11%; Earnings Per Share Surge 22% to a Q3 Record $0.67 - Starbucks Stories

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Starbucks Corporation

Starbucks Revenues Increase 11%; Earnings Per Share Surge 22% to a Q3 Record $0.67

Starbucks Corporation today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 29, 2014.

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https://stories.starbucks.com/press/2014/starbucks-revenues-increase-11-earnings-per-share-surge-22-to-a-q3-record-0/

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SEATTLE; July 9, 2014 – Starbucks Corporation (NASDAQ: SBUX) plans to release its third quarter fiscal year 2014 financial results after the market close on Thursday, July 24, 2014, with a conference call to follow at 2:00 p.m. PT.

The conference call will be webcast and can be accessed on the company’s<a href="http://investor.starbucks.com"> investor website</a>.

A replay of the webcast will be available on the company’s website until end of day Thursday, August 21, 2014.

Starbucks Conference Call Set to Announce Q3 Fiscal Year 2014 Results - Starbucks Stories

Starbucks Conference Call Set to Announce Q3 Fiscal Year 2014 Results

Starbucks plans to release its third quarter fiscal year 2014 financial results after the market close on Thursday, July 24, 2014, with a conference call to follow at 2:00 p.m. PT.

https://stories.starbucks.com/uploads/2014/07/bWQjYDlp-911-965-1.jpg

https://stories.starbucks.com/press/2014/starbucks-conference-call-set-to-announce-q3-fiscal-year-2014-results/

Strong comps of 9% in Americas and 8% globally drive record Q3 revenues and operating margin Company provides robust outlook for FY14

SEATTLE, July 25, 2013 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 30, 2013.

<a href="https://stories.starbucks.com/wp-content/uploads/2019/01/Q3_FY13_Earnings_Release_FINAL.docx">View report here</a>.

Starbucks EPS Jumps 28% to a Q3 Record $0.55 Per Share - Starbucks Stories

Starbucks EPS Jumps 28% to a Q3 Record $0.55 Per Share

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https://stories.starbucks.com/press/2013/starbucks-eps-jumps-28-to-a-q3-record-0-55-per-share/

SEATTLE, January 10, 2013 - Starbucks Corporation (NASDAQ: SBUX) plans to release its first quarter fiscal year 2013 financial results after the market close on Thursday, January 24, 2013, 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 <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Finvestor.starbucks.com&amp;esheet=50527071&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestor.starbucks.com&amp;index=1&amp;md5=c72373a6915c0609ecb3ee1d220bc408">http://investor.starbucks.com</a>. A replay of the webcast will be available on the company's website until end of day Friday, February 22, 2013.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.starbucks.com&amp;esheet=50527071&amp;lan=en-US&amp;anchor=www.starbucks.com&amp;index=2&amp;md5=d18b5252dc52c82b2ed1d412b01b6583">www.starbucks.com</a>.

Starbucks Announces Q1 Fiscal Year 2013 Results Conference Call - Starbucks Stories

Starbucks Announces Q1 Fiscal Year 2013 Results Conference Call

SEATTLE, January 10, 2013 &#8211; Starbucks Corporation (NASDAQ: SBUX) plans to release its first quarter fiscal year 2013 financial results after the market close on Thursday, January 24, 2013, 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 […]

http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20130110005084r1&amp;sid=tekgr&amp;distro=nx

https://stories.starbucks.com/press/2013/starbucks-announces-q1-fiscal-year-2013-results-conference-call/

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. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality arabicacoffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experienceto life for every customer through every cup. To share in the experience, please visit us in our stores or online at <a href="http://www.starbucks.com">www.starbucks.com</a>.

Starbucks Announces Q1 Fiscal Year 2012 Results Conference Call and Webcast - Starbucks Stories

Starbucks Announces Q1 Fiscal Year 2012 Results Conference Call and Webcast

SEATTLE; January 11, 2012 &#8211; 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. […]

https://stories.starbucks.com/press/2012/starbucks-announces-q1-fiscal-year-2012-results-conference-call-and-webcast/

SEATTLE, October 03, 2011 - Starbucks Coffee Company (NASDAQ:SBUX) today announced that it is teaming up with Opportunity Finance Network® (OFN) to launch Create Jobs for USA. Create Jobs for USA will pool donations from Starbucks customers, partners (employees) and concerned citizens into a nationwide fund for community business lending.

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Starting November 1, Create Jobs for USA will accept donations online at www.CreateJobsforUSA.org and at nearly 6,800 company-operated Starbucks stores in the United States. Donors who contribute $5 or more will receive a red, white, and blue wristband with the message "Indivisible." (Photo: Business Wire)

Starbucks chairman and ceo Howard Schultz said, "Small businesses are the backbone of America, employing more than half of all private sector workers – but this critical jobs engine has stalled. We've got to thaw the channels of credit so that community businesses can start hiring again. Create Jobs for USA empowers Americans to help other Americans create and sustain jobs, with Starbucks and OFN as a catalyst and the Indivisible wristband as a symbol of our country's unity."

Starting November 1, Create Jobs for USA will accept donations online at <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.CreateJobsforUSA.org&amp;esheet=50014812&amp;lan=en-US&amp;anchor=www.CreateJobsforUSA.org&amp;index=1&amp;md5=d5a723bb60a63a763a32a1d93f6eb81f">www.CreateJobsforUSA.org</a> and at nearly 6,800 company-operated Starbucks stores in the United States. Donors who contribute $5 or more will receive a red, white, and blue wristband with the message "Indivisible." The wristband is designed to serve as a symbol of Americans uniting with other Americans to help create jobs. One hundred percent of donations will go to OFN to help fund loans to community businessesâ€”including small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housingâ€” all across the country committed to creating and sustaining jobs.

OFN represents a nationwide network of 180 Community Development Financial Institutions (CDFIs) set up to provide financing to community businesses in underserved markets where accessing credit through traditional lending institutions is challenging or not available. The Create Jobs for USA Fund at OFN will be seeded with a $5 million contribution from the Starbucks Foundation.

OFN president and ceo Mark Pinsky said, "We are thrilled to partner with Starbucks on this innovative and high impact solution to help put America back to work. For more than two decades, OFN's network of premier CDFIs has financed community businesses, delivering both sound financial returns and real changes for people and communities. Create Jobs for USA will unlock the power of CDFIs to finance community businesses and create new jobs and help grow our economy."

Every $5 donation will result in $35 in financing to support community businesses. The CDFI community lenders will issue $30 in financing, on average, for each $5 donation through their respective financing sources. Based on conservative forecasting models developed by OFN with input from independent economists, one new job will be created or retained for approximately every $21,000 in loans – or approximately every $3,000 in donations. Since CDFIs in the OFN network have an average 98 percent loan repayment rate, virtually every $1 donated will be re-loaned indefinitely, compounding the job-creation impact.

Moody's Analytics chief economist Mark Zandi said, "Create Jobs for USA is exactly the kind of innovative and entrepreneurial solution that America needs to get its economy back on the right track. CDFIs are well known to be highly effective at creating local jobs in communities that need them the most, especially when it comes to helping community businesses that are having difficulty securing credit during the current economic climate."

About Starbucks Coffee Company

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest-quality Arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.starbucks.com&amp;esheet=50014812&amp;lan=en-US&amp;anchor=www.starbucks.com&amp;index=2&amp;md5=be366dc964b6f87a12e5a24567030f1b">www.starbucks.com</a>.

About Opportunity Finance Network

Opportunity Finance Network (OFN) is the national network of Community Development Financial Institutions (CDFIs)â€”private financial institutions that are 100 percent dedicated to delivering responsible, affordable lending to help low-income, low-wealth, and other disadvantaged people and communities join the economic mainstream. CDFIs in the OFN network serve all 50 states, and OFN Member CDFIs originated more than $23.2 billion in financing in urban, rural, and Native communities through 2009. More information is available at: <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.opportunityfinance.net&amp;esheet=50014812&amp;lan=en-US&amp;anchor=www.opportunityfinance.net&amp;index=3&amp;md5=23b03da6d67f3e9d3708e6b025468576">www.opportunityfinance.net</a>

Photos/Multimedia Gallery Available: <a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.businesswire.com%2Fcgi-bin%2Fmmg.cgi%3Feid%3D50014812%26lang%3Den&amp;esheet=50014812&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.businesswire.com%2Fcgi-bin%2Fmmg.cgi%3Feid%3D50014812%26lang%3Den&amp;index=4&amp;md5=b671afc3f72250a4555838bc362fc845">http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50014812&amp;lang=en</a>

Starbucks Announces "Create Jobs for USA" Initiative in Collaboration with Opportunity Finance Network - Starbucks Stories

Starbucks Announces &#8220;Create Jobs for USA&#8221; Initiative in Collaboration with Opportunity Finance Network

&ldquo;Indivisible&rdquo; Wristband to Serve as Symbol of Americans Helping Americans Create and Sustain Jobs

http://mms.businesswire.com/bwapps/mediaserver/ViewMedia?mgid=293699&amp;vid=4

https://stories.starbucks.com/press/2011/starbucks-announces-create-jobs-for-usa-initiative-in-collaboration-with-op/

Starbucks Announces “Create Jobs for USA” Initiative in Collaboration with Opportunity Finance Network

SEATTLE (January 18, 2010) – In response to the Haitian relief effort, Starbucks (NASDAQ: SBUX) today committed support and funding to the growing international relief effort.  Starting today, participating Starbucks stores in the U.S. and Canada will enable customers to make monetary donations at store registers, with no purchase necessary, to benefit the American and Canadian Red Cross organizations for a limited time.  The Starbucks Foundation will also donate $1 million (U.S.) from The Starbucks Foundation to the American Red Cross efforts to help Haiti.
"We are devastated by the recent loss of life caused by the earthquake in Haiti," said Howard Schultz, chairman and CEO, Starbucks Coffee Company. "We feel a tremendous sense of  urgency to respond to the humanitarian crisis," added Schultz. 
"The generous support of Starbucks, and so many of their customers, will reach the lives of survivors in Haiti, providing help and hope," said Gail McGovern, President and CEO, American Red Cross.  "The Red Cross is grateful for this global outpouring of compassion, and we encourage people to continue their support for Haiti because the need is so great."
For more information on the Red Cross disaster response in Haiti, visit <a href="http://www.RedCross.org">www.RedCross.org</a>.
In addition, Haitian-American musician Wyclef Jean has collaborated with Starbucks to make an appeal to the Global Community about the crucial needs of the Haitian community. To learn more about Jean's ongoing efforts in Haiti, go to www.yele.org.
To see Jean's message, go to <a href="http://www.starbucks.com">www.starbucks.com</a>.

Starbucks To Accept Red Cross Donations for Haitian Relief Efforts In U.S. and Canada - Starbucks Stories

Starbucks To Accept Red Cross Donations for Haitian Relief Efforts In U.S. and Canada

Company Joins Wyclef Jean and Yele Haiti to Drive Awareness; Starbucks Foundation Also to Contribute $1 Million Dollars (U.S.) to the American Red Cross

https://stories.starbucks.com/press/2010/starbucks-to-accept-red-cross-donations-for-haitian-relief-efforts-in-u-s/

Q:  What is Starbucks doing to support relief efforts in Haiti? 
A:  The Starbucks Foundation is contributing $1 million (U.S.) to the American Red Cross for Haitian relief efforts.  As well, starting Monday, January 18 at participating Starbucks stores in the U.S. and Canada, customers will be able to make monetary donations at store registers, with no purchase necessary, to benefit the American and Canadian Red Cross organizations.
Q: Which organization is Starbucks working with to help relief efforts in Haiti? 
A: In the U.S. and Canada, Starbucks is working with the American and Canadian Red Cross organizations.
Q: Where can I make a donation? 
A: Customers can make monetary donations (up to $249.99 in the U.S.) at participating Starbucks stores in the U.S. and Canada.  Please note that Starbucks is unable to generate tax receipts from the Red Cross in the U.S. or Canada and if customers need a receipt, they should donate directly to the Red Cross. 
Q: What if I can't get to a store location; can I donate money online at Starbucks.com? 
A: Starbucks encourages its customers to give in any way possible; however, we are currently only accepting monetary donations at participating Starbucks stores.
Q: When can I make donations at Starbucks? 
A: Starting Monday, January 18, customers can make monetary donations at participating Starbucks stores.
Q: Can I bring food, clothing or other items to Starbucks for the relief effort?  
A: Unfortunately, participating Starbucks stores do not have the resources to process clothing and food donations. We have also been advised that cash donations will provide the most direct, effective benefit to the Haitian communities.
Q: What is the relationship with Wyclef Jean? 
A: Haitian-American musician Wyclef Jean has collaborated with Starbucks to encourage people to visit their neighborhood participating Starbucks store to make a monetary donation to the American and Canadian Red Cross organizations. To learn more about Jean's ongoing efforts in Haiti, go to <a href="http://www.yele.org">www.yele.org</a> and view his inspiring video at <a href="http://www.starbucks.com">www.starbucks.com</a>.

US and Canada Haiti Earthquake Relief FAQ - January 18, 2010 - Starbucks Stories

US and Canada Haiti Earthquake Relief FAQ &#8211; January 18, 2010

Q:  What is Starbucks doing to support relief efforts in Haiti? A:  The Starbucks Foundation is contributing $1 million (U.S.) to the American Red Cross for Haitian relief efforts.  As well, starting Monday, January 18 at participating Starbucks stores in the U.S. and Canada, customers will be able to make monetary donations at store registers, […]

https://stories.starbucks.com/press/2010/us-and-canada-haiti-earthquake-relief-faq-january-18-2010/

US and Canada Haiti Earthquake Relief FAQ – January 18, 2010

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