Seattle-based coffeehouse giant Starbucks Corporation has reported consolidated net revenues of US$261m for the four-week period ended 28 July 2002, an increase of 26% from US$207m for the same period in fiscal 2001.

On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 7% for the four weeks ended 28 July 2002 as compared to the same four-week period in fiscal 2001.

For the year to date period, consolidated net revenues were US$2.7bn, an increase of 24% from US$2.2bn for the same period in fiscal 2001. Comparable store sales also increased 6% for the year to date 2002, as compared to the same period in FY 2001.

Store Information:
                               Net stores opened
                                   during the
                                43 weeks ended     Stores open as of
                                 July 28, 2002       July 28, 2002
                             --------------------  -----------------
Continental North America:
     Company-Operated Stores           450              3,421
     Licensed Stores                   217              1,026
                                       ---              -----
                                       667              4,447
International:
     Company-Operated Stores           75                 370
     Licensed Stores                   238                872
                                       ---                ---
                                       313              1,242
                                       ---              -----

Total                                  980              5,689
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