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


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.
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GEOGRAPHY: WASHINGTON

INDUSTRY CODE: FOODS/BEVERAGES
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