Starbucks Corporation (Nasdaq:SBUX) yesterday reported consolidated net revenues of $214 million for the four-week period ended August 26, 2001, an increase of 18 percent from consolidated net revenues of $182 million for the same period in fiscal 2000. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 1 percent for the four weeks ended August 26, 2001 as compared to the same four-week period in fiscal 2000.

For the 47 weeks ended August 26, 2001, consolidated net revenues were $2.4 billion, an increase of 22 percent from consolidated net revenues of $2.0 billion for the same period in fiscal 2000. Comparable store sales increased 5 percent for the 47-week period ended August 26, 2001, as compared to the same 47-week period in fiscal 2000.

                           STORE INFORMATION

                               Net stores opened
                               during the 47
                               weeks ended           Stores open as of
                               August 26, 2001       August 26, 2001
                              ----------------------------------------
Continental North America:
  Company-Operated Stores             450                 2,896
  Licensed Stores                     306                   836
                                    -----                 -----
                                      756                 3,732
International:
  Company-Operated Stores             105                   278
  Licensed Stores                     250                   602
                                    -----                 -----
                                      355                   880

Total                               1,111                 4,612
                                    =====                 =====

Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world. In addition to its more than 4,600 retail locations in North America, the United Kingdom, continental Europe, the Middle East and the Pacific Rim, 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. The Company's other brands enhance the Starbucks Experience through best-of-class products: Tazo Tea Company offers a line of innovative premium teas, and Hear Music produces and distributes a line of exceptional compact discs.


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