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

To: Sarkie who wrote (900)	10/8/1999 10:37:00 AM
From: Sarkie	Read Replies (1) \| Respond to of 1506

Starbucks Reports September Revenues and Record Fiscal 1999 Revenues of $1.7 Billion SEATTLE, Oct 7, 1999 (BUSINESS WIRE) -- Starbucks Corporation (Nasdaq: SBUX) 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. STORE INFORMATION Stores opened during the 53 weeks ended Stores open as of October 3, 1999 October 3, 1999 Continental North America: Company Operated Stores 424 2,038 Licensed Stores 44 179 -- --- 468 2,217 International: Company Operated U.K. Stores 36 97 Licensed Stores 121 184 --- --- 157 281 Total 625 2,498 Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world. In addition to its 2,500 retail locations in North America, the United Kingdom, the Pacific Rim and the Middle East, Starbucks sells whole bean coffees through its specialty sales group, direct response business, supermarkets and online at www.starbucks.com. Additionally, Starbucks produces and sells bottled Frappuccino(R) coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly-owned subsidiary, Tazo Tea Company. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. CONTACT: Starbucks Investor Relations Tracy Moran, 206/318-7806 businesswire.com NOD+ number is: 800/239-0317 KEYWORDS: WASHINGTON INTERNATIONAL EUROPE WEB PAGE: businesswire.com INDUSTRY CODE: FOODS/BEVERAGES RETAIL