USA: Starbucks reports fourth quarter and fiscal 2000 results
Starbucks Corporation (Nasdaq:SBUX) yesterday announced that pro forma net earnings increased by 35 percent for both the fourth quarter and fiscal year ended October 1, 2000, which included 13 and 52 weeks, respectively. The same periods in fiscal 1999 included 14 and 53 weeks, respectively. "Starbucks financial success and rapid domestic and international growth in fiscal 2000, positions us well to achieve our goal of becoming one of the most recognized and respected brands in the world," said Howard Schultz, chairman and chief global strategist at Starbucks Coffee Company.
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