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Non-Tech : Starbucks (SBUX) -- Ignore unavailable to you. Want to Upgrade?


To: Joseph H. Leiti who wrote (895)10/7/1999 4:21:00 PM
From: Tom_  Read Replies (2) | Respond to of 1506
 
SSS +8%...

M-T-M net revs +41%, (but comparing 6 weeks to 5 weeks).
Y-T-Y net revs, (latest 52 weeks), +28%.
~~~~~~~~~~

Thursday October 7, 4:02 pm Eastern Time
Company Press Release
Starbucks Reports September Revenues and Record
Fiscal 1999 Revenues of $1.7 Billion</l>

SEATTLE--(BUSINESS WIRE)--Oct. 7, 1999--Starbucks Corporation today reported consolidated net revenues of $210 million for the six-week period ended October 3, 1999, an increase of 41 percent from consolidated net revenues of $149 million for September of fiscal 1998, which was a five-week period. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 8 percent for the five weeks ended September 26, 1999 as compared to the same five-week period in fiscal 1998.

For the 53 weeks ended October 3, 1999, consolidated net revenues were $1.7 billion, an increase of 28 percent from consolidated net revenues of $1.3 billion for the 52-week period in fiscal 1998. Comparable store sales increased 6 percent for the 52-week period ended September 26, 1999, as compared to the same 52-week period in fiscal 1998.

Best wishes,
Tom