Starbucks Corp
BRIEF: For the 26 weeks ended 31 March 2013, Starbucks Corporation revenues increased 11% to $7.36B. Net income increased 19% to $822.6M. Revenues reflect United States segment increase of 20% to $2.84B, Global (CPG) segment increase of 18% to $379.8M. Net income benefited from United States segment income increase of 27% to $590.3M, EMEA segment income totaling $22.3M vs. loss of $5.5M. Dividend per share increased from $0.34 to $0.42.
Common Stock $.001 Par, 07/11, 1.20B auth., 746,100,000 issd. Insiders & Strategic holders own 2.72%. IPO 6/92, 2.1M shares @ $17 byAlex. Brown & Sons. 10/05, 4/01, 3/99, 12/95, 10/93, 2-for-1 stock splits. FY'02-'03 fncls. are and FY'04 Q's are being RES. 10/04 Q's = 27 weeks. FY'04 Summ. Q's reflect RES.
Starbucks Corporation is a roaster, marketer and retailer of coffee operating in 60 countries. The Company purchases and roasts coffees that it sells, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through Company-operated stores. It also sells a variety of coffee and tea products and licenses its trademarks through other channels, such as licensed stores and national foodservice accounts. As of September 30, 2012, it operated 9,405 Company-operated stores and 8,661 licensed stores. It has four segments: Americas; Europe, Middle East and Africa (EMEA); China/Asia Pacific (CAP), and Channel Development. In addition to its flagship Starbucks brand, the Company’s portfolio also includes Tazo Tea, Seattle’s Best Coffee, Starbucks VIA Ready Brew, Starbucks Refreshers beverages and the Verismo System by Starbucks. In February 2013, Tata Coffee Ltd and the Company inaugurated a roasting and packaging plant in Karnataka.
