Seattle-based coffeehouse giant Starbucks Corporation has reported consolidated net revenues of US$323m for the five-week period ended 30 June 2002, an increase of 25% on the US$259m recorded in the same period in 2001.

On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 7% for the month, year on year.

For the 39 weeks ended 30 June 2002, consolidated net revenues were US$2.4bn, an increase of 24% on the US$2bn recorded in the same period in FY 2001. Comparable store sales were up 6% for the year to date, as compared to the same 39-week period in FY 2001.

Store information

                            Net stores opened during
                               the 39 weeks ended    Stores open as of
                                 30 June 2002         30 June 2002
                                 -------------         -------------
Continental USA:
     Company-operated stores           423                3,394
     Licensed stores                   186                  995
                                       ---                  ---
                                       609                4,389
International:
     Company-operated stores            72                  367
     Licensed stores                   218                  852
                                       ---                  ---
                                       290                1,219

Total                                  899                5,608
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