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Press Releases

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Company Forecasts Continued Strong Growth and Plans to Launch Mobile Order & Pay and Delivery in the U.S.; Identifies High-Value Opportunities in China, India, Japan and Brazil Projects Revenues to Approach $30 Billion in FY2019, up from $16 Billion in FY2014 Announces Transformational Innovations to Extend Starbucks Global Leadership in Coffee, Tea, Retail Store and Partner Experience Elevates and Redefines the Premium Coffee Experience with the Debut of the World’s First, Immersive Starbucks Reserve® Roastery and Tasting Room in Seattle Dec. 4, 2014- Starbucks Coffee Company (NASDAQ: SBUX) chairman, president and chief executive officer Howard Schultz and other company leaders will detail Starbucks five-year strategic growth plan today at its biennial Investor Day, hosted at the company’s Support Center in Seattle for the first time in a decade. “The seismic shift in consumer behavior underway presents tremendous opportunity for businesses the world over that are prepared and ...
12/04/14
Nov. 17, 2014- Starbucks Corporation (NASDAQ: SBUX) will host its 2014 Biennial Investor Day on Thursday, December 4, 2014 . Due to limited capacity, attendance is by invitation only, however the event will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. Presentations are scheduled to begin at 8:00 a.m. PT and will continue until approximately 12:00 p.m. PT. Following an afternoon break for onsite tours with senior leadership, the webcast will resume with closing remarks and Q&A at approximately 4:30 p.m. PT and will conclude at approximately 5:30 p.m. PT. A replay of the webcast will remain accessible through January 2, 2015 , on the company’s website: http://investor.starbucks.com . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through ...
11/17/14
Nov. 4, 2014- Starbucks Corporation (NASDAQ:SBUX) plans to address high level fiscal 2015 financial and modeling-related questions on a conference call on Wednesday, November 5, 2014 , at 6:00 a.m. PT . Scott Maw , Starbucks cfo, will host the conference call, which will be webcast and can be accessed on the company’s website: http://investor.starbucks.com . Please refer to the company’s website in advance of the call for reference material to accompany the discussion. A replay of the webcast will be available on the company’s website until end of day Wednesday, December 3, 2014 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 ...
11/04/14
Record Q4 EPS of $0.77; Non-GAAP EPS jumps 23% to a record $0.74 excluding non-routine items Comp sales increase 5% globally; Consolidated net revenues increase 10% to a Q4 record $4.2 billion Company grows dividend 23% and increases outlook for a strong FY2015 Oct. 30, 2014- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September 28, 2014. Fiscal 2014 results include the impact of a litigation credit in Q1 and a net benefit from transactions in Q4. Fiscal 2013 results include the impact of the litigation charge associated with the Kraft arbitration in Q4, as well as gains on the sales of Starbucks equity in its Mexico joint venture in Q2 and its Chile and Argentina joint ventures in Q4. Non-GAAP results exclude these items. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release. Q4 Fiscal 2014 Highlights: Consolidated net revenues increased 10% ...
10/30/14
Oct. 15, 2014- Starbucks Corporation (NASDAQ: SBUX) plans to release its fourth quarter and fiscal year end 2014 financial results after the market close on Thursday, October 30, 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 website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Thursday, November 27, 2014 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 http://news.starbucks.com . Source: Starbucks ...
10/15/14
Company to purchase remaining 60.5% share of Starbucks Japan in two-step tender offer process Acquisition enables continued elevation of unique Starbucks Experience for customers and partners through coffee, store design and digital and mobile leadership Starbucks to build on more than 1,000 existing stores and nearly 20 years of brand loyalty and trust Sep. 23, 2014- Starbucks Corporation (Nasdaq:SBUX) today announced that it will acquire the remaining 60.5% share of Starbucks Coffee Japan, Ltd. (Starbucks Japan) that the company currently does not own through a two-step tender offer process, further elevating Starbucks growth and innovation in its second-largest market when measured by retail store sales. The acquisition positions Starbucks to accelerate growth across multiple channels in Japan, including the potential introduction of new concepts, such as Teavana. Before the end of the first quarter of fiscal year 2015, Starbucks expects to have a controlling interest and will ...
09/23/14
Strong comp store sales increases of 6% globally and 7% in the U.S. drive record Q3 revenues of $4.2 billion Channel Development revenues increase 13% Consolidated operating margin expands to a Q3 record 18.5% Company reiterates strong growth outlook; introduces initial FY15 growth targets Jul. 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. Q3 Fiscal 2014 Highlights: 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% EMEA comp sales increased 3% 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%, ...
07/24/14
Jul. 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 website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Thursday, August 21, 2014 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 http://news.starbucks.com . Source: Starbucks Corporation ...
07/09/14
May 30, 2014- Starbucks Corporation (NASDAQ:SBUX) senior unsecured debt rating has been upgraded to A3 with a stable outlook by Moody's Investors Service . The upgrade affects the company’s nearly $2.1 billion senior unsecured bonds. Moody’s also affirmed the company’s short-term commercial paper rating at P-2. Starbucks had held a Baa1 rating with a stable outlook since November 25, 2013 . Scott Maw, chief financial officer, commented, “This A3 rating demonstrates the ability of our partners (employees) to drive earnings growth through strong operational performance and exceptional service, which enables us to consistently generate solid cash flow and maintain ample liquidity. Our objective is to further build equity in the Starbucks brand globally through innovation and an enhanced customer experience, while maintaining discipline and focus on improving efficiencies.” About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting ...
05/30/14
May 28, 2014- Starbucks Corporation (NASDAQ:SBUX) today announced the company will present at the William Blair Growth Stock Conference in Chicago at 2:00 p.m. CT on Wednesday, June 11, 2014 . A live webcast of the presentation will be available at http://investor.starbucks.com. An archived webcast will also be available on Starbucks website, at the same URL. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 www.starbucks.com. © 2014 Starbucks Coffee Company . All rights reserved. Source: Starbucks Corporation Starbucks Contact, Investor Relations:
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05/28/14
6% global comp growth drives record Q2 revenues of $3.9 billion Strong comp growth in the U.S. and continued comp acceleration in China and EMEA Robust 10% revenue growth in Channel Development Operating income increases 18%; Operating margin expands in all segments EPS increases to a Q2 record $0.56, up 17% excluding non-routine gain in prior year Apr. 24, 2014- Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal second quarter and 26-week fiscal year to date ended March 30, 2014. Q2 Fiscal 2014 Highlights: Global comparable store sales increased 6% Americas and U.S. comp growth of 6% EMEA comp growth of 6%, representing the highest growth in EMEA in 14 quarters China/Asia Pacific comp growth of 7%, driven by strong traffic Consolidated net revenues increased 9% to a Q2 record $3.9 billion Channel Development revenues grew 10% Consolidated operating income increased 18%, or $100 million, to a Q2 record $644 million All reportable segments ...
04/24/14
Apr. 9, 2014- Starbucks Corporation (NASDAQ: SBUX) plans to release its second quarter fiscal year 2014 financial results after the market close on Thursday, April 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 website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Thursday, May 22, 2014 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 http://news.starbucks.com . Source: Starbucks Corporation ...
04/09/14
- Reinforces Ongoing Investments in Starbucks 200,000 Partners (Employees), including $250 Million in Healthcare Benefits and $234 Million in Bean Stock in Fiscal 2013 - Reaffirms Long-Term Growth Targets, Aiming to Double Market Cap to $100 Billion - Announces Plans to Reinvent $90 Billion Global Tea Category Ripe for Innovation Mar. 19, 2014- Howard Schultz, chairman, president and ceo of Starbucks Coffee Company (NASDAQ:SBUX), opened the company’s Annual Meeting of Shareholders by showcasing how Starbucks 200,000 partners (employees) are leveraging the company’s unique combination of physical and digital assets to deliver long-term global growth through the lens of humanity. “We’re still in the early stages of the growth and development of Starbucks , we’re delivering record profits and revenue, sharing our success with our partners and heading towards and past a $100 billion market cap,” said Schultz. “No other brick-and-mortar retailer matches our size and growth profile nor the ...
03/19/14
Mar. 14, 2014- Keurig Green Mountain, Inc. ( Keurig ) (NASDAQ: GMCR), a leader in specialty coffee, coffee makers, teas and other beverages with its innovative brewing technology, and Starbucks Coffee Company (NASDAQ: SBUX), the global leader in the premium single cup coffee category, announced today amended terms to the companies’ existing five-year agreement. The companies have updated their agreement to continue to expand Starbucks range of K-Cup® pack offerings and to promote expanded consumer choice as Keurig continues to build its Keurig® brewing system. In exchange for eliminating the super-premium coffee exclusivity terms of the existing agreement Starbucks will receive improved business terms, including significantly expanded Starbucks K-Cup® pack and variety types. Starbucks Coffee Company group president, China and Asia Pacific , Channel Development and Emerging Brands, John Culver said, “This amendment advances Starbucks commitment to strengthening its global leadership ...
03/14/14
Mar. 12, 2014- Starbucks Corporation (NASDAQ: SBUX) will hold its 2014 Annual Meeting of Shareholders on Wednesday, March 19, 2014 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 Friday, April 18, 2014 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 http://news.starbucks.com . Source: Starbucks Corporation Starbucks Corporation Investor Relations: JoAnn DeGrande / Greg Smith, 206-318-7118 or Media: Zack ...
03/12/14
Feb. 25, 2014- Starbucks Corporation (NASDAQ:SBUX) today announced the company will present at the Bank of America Merrill Lynch Consumer and Retail Conference in New York at 2:55 p.m. ET on Tuesday, March 11, 2014 . A live webcast of the presentation will be available at http://investor.starbucks.com. An archived webcast will also be available on Starbucks website, at the same URL. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 www.starbucks.com. © 2014 Starbucks Coffee Company . All rights reserved. Source: Starbucks Corporation Starbucks Investor ...
02/25/14
New Structure to Bolster Financial and Operating Organization Globally - ceo Howard Schultz Expands Focus on Innovation and Next Generation Retailing and Payments Initiatives - cfo Troy Alstead promoted to chief operating officer - svp of Corporate Finance Scott Maw promoted to executive vice president and cfo - Craig Russell promoted to executive vice president, Global Coffee Jan. 29, 2014- Building on record performance in FY 2013 and Q1 FY 2014, Starbucks Coffee Company (NASDAQ:SBUX) today announced a new leadership structure that positions the company to leverage its assets and operations, and gain maximum benefit from the retail, consumer, mobile and digital shifts currently underway in the global marketplace. The company will host a conference call with the financial community to discuss the changes at 2:00 p.m. Pacific Time this afternoon. “These organizational moves map our internal talent to the rapidly evolving retail environment and significant strategic and market ...
01/29/14
Strong holiday sales and store traffic drive 12% revenue growth to a record $4.2 billion Consolidated operating margin expands to a record 19.2%; EPS rises 25% to a record $0.71 Dollars loaded on Starbucks Cards jump 24% to $1.4 billion Jan. 23, 2014- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended December 29, 2013. Q1 Fiscal 2014 Highlights: Consolidated net revenues increased 12% to $4.2 billion Global comparable store sales grew 5%, driven by a 4% increase in traffic Americas and U.S. comp growth of 5%, driven by a 4% increase in traffic EMEA comp growth of 5%, the highest growth in 13 quarters, driven by a 3% increase in traffic China/Asia Pacific comp growth of 8%, driven by a 7% increase in traffic Consolidated operating income increased 29% to $814 million Consolidated operating margin improved 260 basis points to 19.2% Earnings per share increased 25% to $0.71 per share Dollars loaded on Starbucks Cards ...
01/23/14
Jan. 8, 2014- Starbucks Corporation (NASDAQ: SBUX) plans to release its first quarter fiscal year 2014 financial results after the market close on Thursday, January 23, 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 website: http://investor.starbucks.com . A replay of the webcast will be available on the company’s website until end of day Friday, February 21, 2014 . About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 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 www.starbucks.com . Source: Starbucks Corporation ...
01/08/14