Seattle-based coffeehouse chain Starbucks Corporation has posted consolidated net revenues of US$267m for the four-week period ended 25 August 2002, up 25% from US$214m in the same period in fiscal 2001.
On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 7% for the month as compared to the same four-week period in fiscal 2001.
In the year to date period, consolidated net revenues were US$3bn, an increase of 24% from consolidated net revenues of US$2.4bn for the same period in FY 2001. Comparable store sales increased 6% for the 47 weeks ended 25 August 2002, as compared to the same 47-week period in FY 2001.
Store information
Net stores opened
during the
47 weeks ended Stores open as of
25 August 2002 25 August 2002
—————– —————–
Continental North America:
Company-Operated Stores 481 3,452
Licensed Stores 241 1,050
— —–
722 4,502
International:
Company-Operated Stores 79 374
Licensed Stores 261 895
— —
340 1,269
— —–
Total 1,062 5,771
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