Seattle-based coffeehouse behemoth Starbucks Corp has posted consolidated net revenues of US$253m for the four-week period ended 28 April 2002, an increase of 26% on the US$200m reported for the same period in fiscal 2001.
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On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 8% for the four week period, year on year.
For the 30 weeks ended 28 April 2002, consolidated net revenues were US$1.8bn, up 23% from consolidated net revenues of US$1.5bn for the same period in fiscal 2001. Comparable store sales increased 5% for the 30 weeks ended 28 April 2002, as compared to the same 30-week period in fiscal 2001.
Store information
Net stores
opened during the Stores open
30 weeks ended as of
28 April 2002 28 April 2002
————————————-
Continental North America:
Company-Operated Stores 325 3,296
Licensed Stores 147 956
—– —–
472 4,252
International:
Company-Operated Stores 57 352
Licensed Stores 167 801
—– —–
224 1,153
Total 696 5,405
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