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Nov. 4, 2015- Starbucks Corporation (Nasdaq: SBUX) today announced the company will present at the Morgan Stanley Global Consumer and Retail Conference on Wednesday, November 18, 2015 at 8:00 a.m. ET . The presentation will be webcast and can be accessed at http://investor.starbucks.com. A replay of the webcast will also be available 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 news.starbucks.com or www.starbucks.com. © 2015 Starbucks Coffee Company . All rights reserved. View source version on businesswire.com: ...
11/04/15
Q4 Comp Sales Increase 8% Globally, 9% in the U.S.; Global Traffic Up 4% Q4 Revenues Jump 18% to a Record $4.9 Billion; Operating Income Up 13% to a Record $969 Million Q4 GAAP EPS Rises to a Record $0.43; Non-GAAP EPS Rises 16% to a Record $0.43 Per Share Company Issues Strong Outlook for Fiscal 2016 and Increases Global Comp Store Sales Targets Board of Directors Approves a 25% Increase in the Quarterly Dividend to $0.20 Per Share Oct. 29, 2015- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September 27, 2015. Fiscal 2014 and fiscal 2015 GAAP results include items which are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Q4 Fiscal 2015 Highlights: Global comparable store sales increased 8%, driven by a 4% increase in traffic Americas comp sales increased 8%, driven by a 4% increase ...
10/29/15
SEATTLE (October 22, 2015) - Starbucks (NASDAQ: SBUX) has announced the selection of Chase Commerce Solutions, the global payment processing and merchant acquiring division of JPMorgan Chase & Co. (NYSE: JPM), to transition processing of all non-mobile payments and U.S. retail card payment transactions in company-operated stores in addition to partnering on the rollout of chip-enabled payment terminals. “Our new relationship with Chase Commerce Solutions, combined with the sophisticated chip enabled technology we are deploying across our U.S. store portfolio, lays the foundation for a coming wave of innovation in our digital payment ecosystem,” said Kevin Johnson, president and chief operating officer, Starbucks. “These investments and innovations will both strengthen our payment platform and be increasingly accretive to our business over time." Starbucks has entered into the agreement with J.P. Morgan Chase & Co. to process payment transactions previously processed by Square, Inc. ...
10/22/15
Oct. 14, 2015- Starbucks Corporation (NASDAQ:SBUX) plans to release its fourth quarter and fiscal year end 2015 financial results after the market close on Thursday, October 29, 2015 , 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 26, 2015 . 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 . View source ...
10/14/15
Former Adobe Senior Executive to join Starbucks Senior Leadership Team to Lead Global Technology and IT Organization Oct. 6, 2015- Starbucks Corporation (NASDAQ: SBUX) today announced it has appointed Gerri Martin-Flickinger as chief technology officer effective Nov. 2. In this role, Gerri will lead the global IT function and play a key role in shaping the technology agenda across the Starbucks business. Most recently, she served as Adobe’s senior vice president and chief information officer, where she oversaw Adobe’s global Information Technology team and played a key role in enabling Adobe’s transformation to a cloud-based business. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151006006836/en/ Starbucks appoints Gerri Martin-Flickinger to the role of chief technology officer. (Photo: Business Wire) “Gerri is a technologist at heart and has a 30-year track record of leveraging technology-based solutions to drive ...
10/06/15
Aug. 27, 2015- Starbucks Corporation (Nasdaq: SBUX) today announced the company will present at the Goldman Sachs Global Retailing Conference on Thursday, September 10, 2015 at 3:10 p.m. ET . The presentation will be webcast and can be accessed at http://investor.starbucks.com. A replay of the webcast will also be available 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 news.starbucks.com or www.starbucks.com. © 2015 Starbucks Coffee Company . All rights reserved. View source version on businesswire.com: ...
08/27/15
Jul. 23, 2015- Starbucks Corporation (NASDAQ:SBUX) today announced that its Board of Directors has authorized the repurchase of an additional 50 million shares of the Company's common stock under its ongoing share repurchase program. This authorization has no expiration date and is in addition to the 11 million shares that remained available for repurchase as of June 28, 2015 under an existing authorization. “Since the Company's share repurchase program was authorized in September of 2001, Starbucks has repurchased more than 430 million shares at a cost of $7.4 billion under authorizations through June 28, 2015,” said Scott Maw, Starbucks chief financial officer. “This additional authorization reflects the ongoing strength of Starbucks balance sheet and operating cash flow, which allows us to support our global growth and return value to our shareholders through the payment of quarterly dividends and share repurchases.” Shares will continue to be repurchased in the open market at ...
07/23/15
Comp Store Sales Rise 7% Globally, 8% in the Americas , and 11% in China / Asia Pacific ; Global Traffic Up 4% Global Revenues Rise 18%; GAAP Operating Income Up 22% to a Q3 Record $939 Million GAAP EPS Jumps 21% to a Q3 Record $0.41 ; Non-GAAP EPS Jumps 24% to a Q3 Record $0.42 Company Increases Outlook for Fiscal 2015 Jul. 23, 2015- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 28, 2015. Q3 FY15 GAAP results include Starbucks Japan acquisition-related items, which are excluded from the non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release. Q3 Fiscal 2015 Highlights: Global comparable store sales increased 7%, driven by a 4% increase in traffic Americas comp sales increased 8%, driven by a 4% increase in traffic China / Asia Pacific comp sales increased 11%, driven by a 10% increase in traffic EMEA comp sales ...
07/23/15
Jul. 8, 2015- Starbucks Corporation (NASDAQ:SBUX) plans to release its third quarter fiscal 2015 financial results after the market close on Thursday, July 23, 2015 , 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 20, 2015 . 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 . View source version on ...
07/08/15
Jun. 1, 2015- Starbucks Corporation (NASDAQ:SBUX) today announced that it has priced an underwritten public offering of senior notes. The company plans to use the net proceeds from the offering of $500 million of 2.700% Senior Notes due 2022 and $350 million of 4.300% Senior Notes due 2045 for general corporate purposes, which are expected primarily to include the redemption of the company’s outstanding 6.250% Senior Notes due 2017. The net proceeds may also be used for repurchases of Starbucks common stock under the company’s ongoing share repurchase program, business expansion, payment of cash dividends on Starbucks common stock, or the financing of possible acquisitions. The offering of the senior notes is expected to close on June 10, 2015 , subject to customary closing conditions. BofA Merrill Lynch, Citigroup and Morgan Stanley are serving as the joint book-running managers of the offering. The offering is being made under an automatic shelf registration statement filed with the ...
06/01/15
May 13, 2015- Starbucks Corporation (NASDAQ:SBUX) today announced the company will present at the Bernstein Strategic Decisions Conference on Wednesday, May 27, 2015 , at 3:00 p.m. ET . 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. © 2015 Starbucks Coffee Company . All rights reserved. Source: Starbucks Corporation Starbucks Corporation Investor Relations: JoAnn ...
05/13/15
Comp Store Sales Rise 7% Globally; 7% in the Americas and 12% in CAP; Global Traffic Up 3% Net Revenues Rise 18% to a Q2 Record $4.6 Billion GAAP Operating Income Up 21% to a Q2 Record $778 Million; Non-GAAP Operating Income Up 23% to $789 Million Channel Development Revenues Up 16% and Operating Income Up 23% Earnings Per Share Jump 18% to a Split-Adjusted Q2 Record $0.33 Per Share Apr. 23, 2015- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter and 26-week fiscal year to date ended March 29, 2015. All per-share data has been adjusted for the stock split announced on March 18, 2015 and effected on April 9, 2015. Q2 FY15 GAAP results include Starbucks Japan acquisition-related items; non-GAAP results exclude these items. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release. Q2 Fiscal 2015 Highlights: Global comparable store sales increased 7%, with a 3% increase in traffic ...
04/23/15
Apr. 8, 2015- Starbucks Corporation (NASDAQ:SBUX) plans to release its second quarter fiscal 2015 financial results after the market close on Thursday, April 23, 2015 , 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 21, 2015 . 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 ...
04/08/15
Mar. 18, 2015- Add after last paragraph of release: GAAP to Non-GAAP Reconciliation Table – Fiscal 2015 EPS Targets on a Split-Adjusted Basis Diluted Net Earnings per Share   Full Year FY15 GAAP   $1.77 to $1.79 Starbucks Japan acquisition-related items - gain(1)   ($0.26) Starbucks Japan acquisition-related items - other(2)   $0.03 Non-GAAP   $1.55 to $1.57 Diluted Net Earnings per Share   Q2 FY15 GAAP   $0.32 Starbucks Japan acquisition-related items - other(2)   $0.01 Non-GAAP   $0.32 to $0.33 (1) Gain represents the fair value adjustment of Starbucks preexisting 39.5% ownership interest in Starbucks Japan upon acquisition. (2) Includes ongoing amortization expense of acquired intangible assets and transaction and integration costs. (C) 2015 Starbucks Coffee Company . All rights reserved. The corrected release reads: STARBUCKS ANNOUNCES 2-FOR-1 STOCK SPLIT, ITS SIXTH SPLIT SINCE INITIAL PUBLIC OFFERING Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors ...
03/18/15
Mar. 18, 2015- Starbucks (NASDAQ:SBUX) and Chinese leading food and beverage producer Tingyi Holding Corp. (“Tingyi”) (0322.HK) announced today they have entered into an agreement to manufacture and expand the distribution of Starbucks ready-to-drink (RTD) products throughout mainland China . According to the agreement, Starbucks will be responsible for providing coffee expertise, brand development and future product innovation, and Tingyi will manufacture and sell Starbucks RTD portfolio in China . The RTD coffee and energy category is a $6 billion business, and is projected to grow by 20% over the next three years. 1 The agreement leverages the respective strengths of Starbucks and Tingyi to bring the entire Starbucks RTD portfolio to customers in China as well as the ability to innovate specifically for the China market. Starbucks® Bottled Frappuccino® Coffee Drinks are available in 38 markets globally (Photo: Business Wire) China is Starbucks fastest growing market outside the ...
03/18/15
Reaffirms Seven Strategies to Grow Market Cap to $100 Billion Previews New Delivery Options through “Green Apron” Delivery Service to Debut in New York City ; Announces Third-Party Delivery Through Agreement with Postmates Continues to Double Down on Investments in its People, Including $233 Million in Healthcare Benefits and $210 Million in Bean Stock in FY14 Announces Commitment to Hire 10,000 Opportunity Youth in the Next Three Years; Reaffirms its Commitment to Hire 10,000 Veterans and Active Duty Military Spouses Over the Next Five Years; Aims to Graduate 25,000 U.S. partners by 2025 Through the Starbucks College Achievement Plan Mar. 18, 2015- Starbucks Corporation (NASDAQ:SBUX) today kicked off its 23 rd Annual Meeting of Shareholders, with more than 2,800 partners, shareholders, invited guests and board members in attendance. Together with the Starbucks leadership team, Howard Schultz , chairman and ceo of Starbucks , will honor the accomplishments of the company over the past ...
03/18/15
Mar. 18, 2015- Starbucks Corporation (Nasdaq: SBUX) today announced that its Board of Directors has declared a two-for-one stock split. Shareholders of record as of March 30, 2015 will receive one additional share for each share held on the record date. The new shares will be payable on April 8, 2015. Starbucks common stock will begin trading on a split-adjusted basis on April 9, 2015. This is the sixth two-for-one split of the company’s common stock since its initial public offering in 1992; the previous stock split occurred in October 2005. “On behalf of our board of directors, the Starbucks leadership team and the 300,000 partners who wear the Green Apron globally, I am proud to announce this two-for-one stock split, the sixth in our 23-year history as a public company,” said Howard Schultz , chairman and ceo of Starbucks Corporation . “This split is a direct reflection of the past seven years of increasing shareholder value, enhancing the liquidity of our shares, and building an ...
03/18/15
Mar. 11, 2015- Starbucks Corporation (NASDAQ: SBUX) will hold its 2015 Annual Meeting of Shareholders on Wednesday, March 18, 2015 at 10:00 a.m. PT . The event will be webcast 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 17, 2015 . 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 Contact, Investor Relations: JoAnn DeGrande 206-318-7118 investorrelations@starbucks.com or Starbucks Contact, ...
03/11/15
Feb. 19, 2015- Starbucks Corporation (NASDAQ:SBUX) today announced the company will present at the Bank of America Merrill Lynch 2015 Consumer and Retail Conference in New York at 12:00 p.m. ET on Tuesday, March 3, 2015 , and at the UBS Global Consumer Conference in Boston at 8:45 a.m. ET on Thursday, March 5, 2015 . A live webcast of the presentations 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. © ...
02/19/15
Starbucks board member and former technology executive to join Starbucks management team and lead global operations Jan. 22, 2015- Starbucks Corporation (NASDAQ:SBUX) today announced it has appointed Kevin Johnson as president and chief operating officer. Johnson has been a Starbucks board member since 2009, and will now take a central operating role effective March 1. Starbucks Corporation names Kevin Johnson as president and chief operating officer. Johnson has been a Starbucks board member since 2009, and will now take a central operating role effective March 1 . (Photo: Business Wire) “As a member of our board of directors, Kevin has worked closely with me for the past six years as a sounding board and collaborator on many of the strategies we are now pursuing. Kevin’s deep management experience and technology background will help further propel Starbucks efforts in partner (employee) and customer-facing innovations as we accelerate our global growth agenda,” said Howard Schultz, ...
01/22/15
Strong Holiday Performance Drives 5% Global Comp Growth, Global Traffic Increases 2% Revenues rise 13% to a record $4.8 billion; EPS of $1.30 includes a gain on the acquisition of Starbucks Japan Record non-GAAP EPS jumps 16% to $0.80 excluding non-routine items Dollars loaded on Starbucks Cards surge 17% year-over-year to a record $1.6 billion Company reaffirms FY15 growth targets Jan. 22, 2015- Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended December 28, 2014. Q1 FY14 GAAP results include the impact of a litigation credit related to the Kraft arbitration; Q1 FY15 GAAP results include Starbucks Japan acquisition-related items. Non-GAAP results exclude these items. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release. Q1 Fiscal 2015 Highlights: Consolidated net revenues increased 13% to $4.8 billion Global comparable store sales increased 5%, with a 2% increase in ...
01/22/15
Jan. 8, 2015- Starbucks Coffee Company (NASDAQ:SBUX) chief operating officer Troy Alstead – a 23-year veteran of the company who also served for many years as the company’s chief financial officer, as well as leading the operations and development of Starbucks international business and its Europe , Middle East and Africa business unit – is taking an extended unpaid leave from the company. His last day in his current role will be March 1, 2015 . “Looking back on the 23 years we spent together side-by-side as Starbucks colleagues, I can recall so many memorable moments and accomplishments in which Troy can take pride in a job well done,” said Starbucks chairman, president and chief executive officer Howard Schultz. “Troy is a beloved Starbucks partner and has played an invaluable role in our growth as an enterprise and in the development of our culture as a performance driven company balanced with a humanity unique for our industry. Troy’s humanity and humility will be missed and we ...
01/08/15
Jan. 7, 2015- Starbucks Corporation (NASDAQ: SBUX) plans to release its first quarter fiscal 2015 financial results after the market close on Thursday, January 22, 2015 , 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, February 19, 2015 . 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 ...
01/07/15