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Starbucks Declares Quarterly Cash Dividend

06/24/20

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SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.41 per share of outstanding Common Stock. The dividend will be payable in cash on August 21, 2020 to shareholders of record on August 7, 2020.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 32,000 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 stories.starbucks.com or www.starbucks.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200624005799/en/

Starbucks Contact, Investor Relations:
Durga Doraisamy
206-318-7118
investorrelations@starbucks.com

Starbucks Contact, Media:
Reggie Borges
206-318-7100
press@starbucks.com

Source: Starbucks Corporation

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Forward-Looking Statement

This presentation contains forward-looking statements. Forward-looking statements are subject to various risks and uncertainties that could cause our actual results to differ materially from these statements, and should be considered in conjunction with cautionary statements and risk factor discussions in our filings with the SEC, including Starbucks Annual Report on Form 10-K for the fiscal year ended September 27, 2020. Starbucks assumes no obligation to update any of these forward-looking statements or information.

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Forward-Looking Statement

There will be a number of forward-looking statements made in these presentations that should be considered in conjunction with the cautionary statements contained in the company’s recent SEC filings. Forward-looking statements are subject to the various risks and uncertainties that could cause Starbucks actual results to differ materially from these statements.
Starbucks assumes no obligation to update any of these forward-looking statements or information. Please see our filings with the SEC including our last annual report on Form 10-K for the fiscal year ended September 27, 2020 and our quarterly reports for a discussion of specific risks that may affect our performance and financial condition.
Please refer to the tables on our website on the Supplemental Financial Data page to find the reconciliation of non-GAAP financial measures referenced in these presentations with their corresponding GAAP measures. Certain non-GAAP measures in these presentations were not reconciled to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward-looking basis. The company is unable to reconcile these forward-looking non-GAAP financial measures to the most directly comparable GAAP measures without unreasonable efforts because the company is currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact GAAP measures for these periods but would not impact the non-GAAP measures. Such items may include acquisitions, divestitures, restructuring and other items. The unavailable information could have a significant impact on the company's GAAP financial results.

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Starbucks Declares Quarterly Cash Dividend

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