Q409 GAAP EPS of $0.20; Non-GAAP EPS of $0.24 Company Reports Improving Comparable Store Sales Trends Increases FY10 Earnings Outlook Fiscal Fourth Quarter 2009 Highlights: Comparable store sales trends improved in U.S. and International segments on both sequential quarter and year-over-year basis. Consolidated same store sales improved to negative 1% from negative 5% in the previous quarter. Operating margin improved 760 basis points to 8.2%. Non-GAAP operating margin improved ...
Kalen Holmes joins as Executive Vice President, Partner Resources
SEATTLE--(BUSINESS WIRE)--Oct. 29, 2009--
Starbucks Coffee Company (NASDAQ:SBUX) today announced the appointment
of Kalen Holmes as executive vice president, Partner Resources (Human
Resources), reporting to Chairman, President and CEO Howard Schultz.
“We are excited to have Kalen join the Starbucks leadership team as the
global leader of our Partner Resources organizat...
SEATTLE--(BUSINESS WIRE)--Oct. 22, 2009--
Starbucks Coffee Company (NASDAQ:SBUX) plans to release its fourth
quarter and fiscal year end 2009 financial results after the market
close on Thursday, November 5, 2009, 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 webs...
Annie Young-Scrivner Joins as Global Chief Marketing Officer,
Michelle Gass Assumes Role as President, Seattle’s Best Coffee and John
Culver Assumes Role as President, Consumer Products and Foodservice
SEATTLE--(BUSINESS WIRE)--Sep. 3, 2009--
Starbucks Coffee Company (NASDAQ:SBUX) today announced the appointment
of Annie Young-Scrivner to global chief marketing officer. She will be
responsible for the global marketing and product stra...
SEATTLE--(BUSINESS WIRE)--Sep. 2, 2009--
Starbucks Corporation (NASDAQ:SBUX) will be presenting on Wednesday,
September 9, 2009 at the Goldman Sachs Global Retailing Conference in
New York. Troy Alstead, executive vice president and cfo, will address
conference attendees at approximately 9:30 a.m. EDT.
A live webcast of the presentation will be available over the Internet
at http://investor.starbucks.com.
An archived webcast will be av...
EPS of $0.20 vs. $(0.01) in Q3 FY08; Non-GAAP EPS of $0.24 vs. $0.16
SEATTLE--(BUSINESS WIRE)--Jul. 21, 2009--
Starbucks Corporation (NASDAQ: SBUX) today reported financial results
for its third quarter ended June 28, 2009, provided its FY09 EPS target
and introduced FY10 targets.
Fiscal Third Quarter 2009 Highlights include:
EPS of $0.20 compared to $(0.01) in Q308
Non-GAAP EPS of $0.24 compared to $0.16 ...
SEATTLE--(BUSINESS WIRE)--Jul. 8, 2009--
Starbucks Coffee Company (NASDAQ:SBUX) plans to release its third
quarter fiscal year 2009 financial results after the market close on
Tuesday, July 21, 2009, 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
...
EPS of $0.03; Non-GAAP EPS (Excluding Restructuring) of $0.16
SEATTLE--(BUSINESS WIRE)--Apr. 29, 2009--
Starbucks Corporation (NASDAQ: SBUX) today reported financial results
for its second quarter ended March 29, 2009.
Fiscal Second Quarter 2009 Highlights:
Net revenues of $2.3 billion, a decrease of 7.6 percent
Comparable store sales of negative eight percent; compared to negative
nine percent in Q1 200...
SEATTLE--(BUSINESS WIRE)--Apr. 15, 2009--
Starbucks Coffee Company (NASDAQ:SBUX) plans to release its second
quarter fiscal year 2009 financial results after the market close on
Wednesday, April 29, 2009, 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...
Operational and Brand Initiatives Gaining Traction
SEATTLE--(BUSINESS WIRE)--Mar. 18, 2009--
Starbucks Coffee Company (NASDAQ:SBUX) today held its Annual Meeting of
Shareholders in Seattle where Howard Schultz, chairman, president and
ceo, outlined the company’s strategy to grow for the long term.
“Despite the challenging economic environment, Starbucks is profitable,
has a strong balance sheet and generates solid cash from operations,”
said...
SEATTLE--(BUSINESS WIRE)--Feb. 9, 2009--
Starbucks Corporation (NASDAQ:SBUX) today announced that John Culver,
senior vice president; president, Starbucks Coffee Asia Pacific will
succeed Gerardo “Gerry” Lopez, executive vice president; president,
Global Consumer Products, Foodservice and Seattle’s Best Coffee, on
February 20, 2009. Lopez is leaving the company for personal reasons.
Howard Schultz, chairman, president and ceo of the company, ...
Company Increases Projected 2009 Cost Savings by 25 Percent to $500 Million
SEATTLE--(BUSINESS WIRE)--
Starbucks Corporation (NASDAQ: SBUX) today reported financial results
for its first quarter ended December 28, 2008 and announced additional
cost savings initiatives for fiscal 2009.
Consolidated net revenues were $2.6 billion for the first quarter of
fiscal 2009, a decrease of six percent, compared with $2.8 billion for
the first quarter o...
SEATTLE, Jan 14, 2009 (BUSINESS WIRE) -- Starbucks Coffee Company (NASDAQ:SBUX) plans to release its first
quarter and fiscal year 2009 financial results after the market close on
Wednesday, January 28, 2009, 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
...
