To: philipah who wrote (915 ) 11/4/1999 8:42:00 PM From: gpphantom Respond to of 1506
(COMTEX) B: Starbucks Reports October Revenues B: Starbucks Reports October Revenues SEATTLE, Nov 4, 1999 (BUSINESS WIRE) -- Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $146 million for the four-week period ended Oct. 31, 1999, an increase of 34 percent from consolidated net revenues of $109 million for the same period in fiscal 1999. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 8 percent for the four weeks ended Oct. 31, 1999 as compared to the same four-week period in fiscal 1999. STORE INFORMATION Stores opened during Stores open the 4 weeks ended as of Oct. 31, 1999 Oct. 31, 1999 ---------------- --------------- Continental North America: Company-Operated Stores 32 2,070 Licensed Stores 14 193 ------ ------ 46 2,263 International: Company-Operated U.K. Stores 2 98 Licensed Stores 9 193 ------ ------ 11 291 Total 57 2,554 ====== ====== Starbucks Coffee Company is the leading retailer, roaster and brand of speciality coffee in the world. In addition to its more than 2,500 retail locations in North America, the United Kingdom, the Pacific Rim and the Middle East, Starbucks sells whole bean coffees through its speciality sales group, direct response business, supermarkets and online at 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. -0- CONTACT: Starbucks Coffee Company Tracy Moran, 206/318-7806 businesswire.com NOD+ number is: 800/239-0317 WEB PAGE: businesswire.com GEOGRAPHY: WASHINGTON INDUSTRY CODE: FOODS/BEVERAGES RETAIL RESTAURANTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. *** end of story ***