Starbucks Corporation (Nasdaq:SBUX) yesterday reported consolidated net revenues of $188 million for the four-week period ended October 29, 2000, an increase of 28 percent from consolidated net revenues of $147 million for October of fiscal 2000.
On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 12 percent for the four weeks ended October 29, 2000 as compared to the same four-week period in fiscal 2000.
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STORE INFORMATION
Stores opened during
the 4 weeks ended Stores open as of
October 29, 2000(1) October 29, 2000
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Continental North America:
Company-Operated Stores 25 2,471
Licensed Stores 21 551
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46 3,022
International:
Company-Operated Stores 7 180
Licensed Stores 15 367
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22 547
Total 68 3,569
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Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world. In addition to its more than 3,500 retail locations in North America, the United Kingdom, the Pacific Rim and the Middle East, Starbucks sells coffee and tea products through its specialty operations, including its online store at starbucks.com. Additionally Starbucks produces and sells bottled Frappuccino coffee drink and a line of superpremium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company.
(1) Store openings are net of store closures and store relocations.
