Investor Relations  > Press Releases > Financial Releases

Press Releases

For all Starbucks press releases, please visit the Starbucks Newsroom

Press release year list 2017 2016 2015 2014 2013 2012
Starbucks Corporation (NASDAQ: SBUX) announced today the closing of an underwritten public offering of $500 million of 2.200% senior notes due 2020 and $500 million of 3.750% senior notes due 2047. The company plans to use the net proceeds for general corporate purposes, including repurchases of Starbucks common stock under the company’s ongoing share repurchase program and payment of dividends. 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. Forward-Looking Statements Certain statements contained in this ...
11/22/17
Q4 GAAP Earnings Per Share of $0.54 ; Non-GAAP Earnings Per Share Increases to $0.55 Q4 Global and U.S. Comps Up 2%, Up 3% adjusted for Hurricane Impact; China Up 8%; Global Traffic Up 1% Board Approves 20% Increase in Quarterly Dividend, to $0.30 Per Share Company Commits to Returning $15 Billion to Shareholders Over Next 3 Years; Updates Long Term Financial Targets Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 1, 2017. Note that fiscal 2016 contained an extra week in the fourth quarter, resulting in incremental revenue and income in the comparable periods, which had 14- and 53-weeks, respectively. Further, GAAP results in fiscal 2017 include items related to strategic actions the company is taking as it focuses on accelerating growth in high-returning businesses and streamlining its operations. These items include restructuring and impairment charges, transaction and integration ...
11/02/17
Starbucks to sharpen its focus on its up-leveled tea strategy with Teavana, furthering its growth and innovation in the super premium tea category Seattle, Nov. 2, 2017 –Starbucks (NASDAQ: SBUX) today announced entry into a definitive agreement for Unilever to acquire the assets of the Tazo brand including its signature recipes, intellectual property and inventory for $384 million. In turn, Starbucks will drive a single tea brand strategy and focus with its super premium tea brand, Teavana. Founded in 1994, and purchased by Starbucks in 1999 for $8.1 million, Tazo is an iconic tea brand sold primarily in grocery, mass and convenience channels, offered in formats including packaged teas, K-Cup® pods, and bottled ready-to-drink teas.  Starbucks will continue to invest in the growth, innovation and development of the Teavana brand of teas in its stores and in channels outside its stores. The tea category in Starbucks stores continues to grow double-digits globally, with ...
11/02/17
Starbucks Corporation (Nasdaq: SBUX) plans to release its fourth quarter and fiscal year 2017 financial results after the market close on Thursday, November 2, 2017 , with a conference call to follow at 2:00 p.m. PT . The conference call will be webcast, including closed captioning, 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 Saturday, December 2, 2017 . 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 or ...
10/18/17
SEATTLE (Sept. 27, 2017) – Starbucks Coffee Company (NASDAQ:SBUX) today announced it has entered into an agreement with its long-time strategic partner Maxim’s Caterers Limited – a leading restaurant operator of multiple brands across Asia – to fully license Starbucks operations in Singapore. Under the agreement, Maxim’s Caterers Limited will have the exclusive rights to operate and develop Starbucks stores in Singapore. The move further accelerates Starbucks operations in this important market and aligns with Starbucks growth agenda. “We’re pleased to take another step in our ongoing growth aspirations in Asia by transitioning the Singapore business to Maxim’s Caterers Limited, our trusted business partner with a successful track record in delivering the unique Starbucks Experience and developing our iconic brand,” said John Culver, group president, Starbucks International and Channel Development. “Starbucks remains committed to growing in Singapore, an important market where we ...
09/27/17
Starbucks board member and former Sam’s Club executive to join Starbucks management team and lead the Americas business in addition to operations, product innovation, store development and supply chain Starbucks Corporation (NASDAQ: SBUX) today announced the appointment of Rosalind Brewer as group president and chief operating officer, effective Oct. 2. Brewer, former President and CEO of Sam’s Club and current Starbucks board member, has more than 30 years of management experience and more than 10 years of experience leading multi-national retailers. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170906005639/en/ Rosalind Brewer is announced as Starbucks group president and chief operating officer (Photo: Business Wire) “Starbucks is a culture-first company focused on performance and Roz is a world class operator and executive who embodies the values of Starbucks . She has been a trusted strategic counselor to me ever ...
09/06/17
Company announces agreements to acquire the remaining 50% of its East China JV and divest its 50% interest in its Taiwan JV; both transactions undertaken with long-term JV partners President Chain Store Corporation and Uni-President Enterprises Corporation Company Reaffirms its Commitment to Operating 5,000 Stores in Mainland China by 2021 Starbucks Corporation (Nasdaq: SBUX) today announced entry into a definitive agreement to acquire the remaining 50% share of its East China (“East China JV”) business from long-term joint venture partners, Uni-President Enterprises Corporation (“UPEC”) and President Chain Store Corporation (“PCSC”) for approximately $1.3 billion in cash consideration in the largest single acquisition in the Company’s history. Starbucks will assume 100% ownership of approximately 1,300 Starbucks stores in Shanghai and Jiangsu and Zhejiang Provinces, building on the Company’s ongoing investments in China, its fastest-growing market outside of the United States in ...
07/27/17
Q3 Comp Store Sales Up 5% in the U.S. and Americas, 7% in China and 4% Globally Consolidated Net Revenues Up 8% to Q3 Record $5.7 Billion GAAP Earnings Per Share Total $0.47; Non-GAAP Earnings Per Share Expand to $0.55 Company to Assume Full Ownership of East China JV and Operate all Stores in Mainland China SEATTLE-(BUSINESS WIRE)- Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended July 2, 2017. Fiscal 2017 and fiscal 2016 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. Q3 Fiscal 2017 Highlights Global comparable store sales increased 4% Americas comp store sales increased 5% U.S. comp store sales increased 5%, driven by a 5% increase in average ticket U.S. average ticket increased 4% - transactions grew 1% after adjusting for the estimated impact ...
07/27/17
Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2017 financial results after the market close on Thursday, July 27, 2017, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast, including closed captioning, 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 Saturday, August 26, 2017. 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 or www.starbucks.com . ...
07/12/17
Q2 Comp Store Sales Up 3% Globally, Up 3% in U.S. and Up 7% in China U.S. Comp Store Sales Accelerate Sequentially Through Q2; Reach 4% in March and Accelerate Further in April Consolidated Net Revenues Grow 6% to Q2 Record $5.3 Billion ; Operating Margin Expands to Q2 Record 17.7% GAAP and Non-GAAP Earnings Per Share Up 15% to Q2 Record $0.45 Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal second quarter and 26-week fiscal year to date ended April 2, 2017. Fiscal 2017 and fiscal 2016 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. Q2 Fiscal 2017 Highlights: Global comparable store sales increased 3% Americas comp store sales increased 3% U.S. comp store sales increased 3% comprised of a 4% increase in average ticket and a 2% decrease in transactions. Adjusting for the estimated impact of order ...
04/27/17
Starbucks Corporation (NASDAQ:SBUX) plans to release its second quarter fiscal year 2017 financial results after the market close on Thursday, April 27, 2017 , 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 Saturday, May 27, 2017 . 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 or www.starbucks.com . View source version on ...
04/12/17
Starbucks chairman and ceo Howard Schultz commemorates final Annual Meeting in current role; joins incoming ceo Kevin Johnson in highlighting company’s record performance since its IPO, unparalleled shareholder returns, and strong pipeline of innovation for future growth across coffee, tea, food, digital, China and partner investments Starbucks announces plans to create more than 240,000 new jobs globally (68,000 in the U.S.) as it reiterates intent to open 12,000 new stores globally and 3,400 new stores in the U.S. by FY21, including 100 more Military Family Stores in the U.S. to support military communities After accomplishing ambitious goals, Starbucks doubles down on hiring commitments – plans to expand current initiatives and hire 25,000 Veterans and Military Spouses by 2025 and 100,000 Opportunity Youth by 2020 in the U.S. Starbucks shareholders elect Rosalind Brewer, former President and Chief Executive Officer of Sam's Club; Jørgen Vig Knudstorp, Executive Chairman of the LEGO ...
03/22/17
Sustainability bond issuance follows company’s first U.S. Corporate Sustainability Bond in 2016 as part of its ongoing commitment to sustainably sourced coffee Starbucks Corporation (NASDAQ: SBUX) today announced that it has closed an underwritten public offering of senior notes, comprising the first global yen-denominated Corporate Sustainability Bond issued in the Japanese market. The company will use the net proceeds from the offering of 85 billion Japanese Yen in 0.372% Senior Notes due 2024 to enhance its sustainability programs around coffee supply chain management through Eligible Sustainability Projects. This includes coffee purchases from suppliers verified by a third-party as complying with Starbucks ethical sourcing verification program of Coffee and Farmer Equity (C.A.F.E.) Practices, the development and operation of farmer support centers in coffee growing regions, as well as new and financed loans made through Starbucks Global Farmer Fund. “Coffee is our core and we are ...
03/17/17
Starbucks Corporation (NASDAQ: SBUX) will hold its 25 th Annual Meeting of Shareholders on Wednesday, March 22, 2017 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, September 22, 2017 . 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 businesswire.com: http://www.businesswire.com/news/home/20170315006481/en/ Source: Starbucks Corporation Starbucks Investor Relations: Tom ...
03/15/17
Starbucks Corporation (NASDAQ: SBUX) today announced the company will present at the UBS Global Consumer & Retail Conference on Thursday, March 9, 2017 at 1:00 p.m. ET . The presentation will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. A replay of the webcast will be available at the same URL until April 7, 2017. 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. © 2017 Starbucks Coffee Company . All rights reserved. View source version on businesswire.com: ...
02/21/17
Comparable Store Sales Up 6% in China ; Up 3% Globally and in the U.S. and Americas Consolidated Net Revenues Rise 7% to Record $5.7 Billion; Operating Margin Expands to Q1 Record 19.8% GAAP EPS Up 11% to $0.51 ; Non-GAAP EPS Up 13% to $0.52 Card Loads in U.S./Canada Jump 15% to Record $2.1 Billion; Active U.S. Rewards Membership Up 16% to 12.9 Million Company Reaffirms Outlook for Fiscal 2017 Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal first quarter ended January 1, 2017. Fiscal 2017 and fiscal 2016 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. Q1 Fiscal 2017 Highlights: Global comparable store sales increased 3% comprised of a 3% increase in the Americas, a 5% increase in CAP, and a 1% decrease in EMEA U.S. comparable store sales increased 3% comprised of a 5% increase in average ticket ...
01/26/17
Starbucks board member James G. Shennan, Jr. to retire following 27 years of service; company expands its board of world-class, values-based leaders, attracting diversity in global technology, retail and consumer experience as it pursues its long-term plan for strong global growth and innovation Starbucks Corporation (NASDAQ: SBUX) announced today the nominations of Rosalind Brewer, President and Chief Executive Officer of Sam’s Club, and executive vice president of Wal-Mart Stores, Inc.; Jørgen Vig Knudstorp, Executive Chairman of the LEGO Brand Group; and Satya Nadella, CEO of Microsoft Corporation, to the Starbucks Board of Directors. Each are nominated for election to the Board at the company’s Annual Meeting of Shareholders on March 22, 2017, along with the nomination of the company’s current directors other than Mr. Shennan who is retiring from the Board immediately prior to the meeting. “For 45 years, the success of the Starbucks brand has been built upon the preservation of ...
01/25/17
Starbucks Corporation (NASDAQ: SBUX) plans to release its first quarter fiscal year 2017 financial results after the market close on Thursday, January 26, 2017 , 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 Saturday, February 25, 2017 . 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 or www.starbucks.com . View source version ...
01/11/17