Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $183 million for the four-week period ended August 27, 2000, an increase of 35 percent from consolidated net revenues of $135 million for the same period in fiscal 1999. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 10 percent for the four weeks ended August 27, 2000 as compared to the same four-week period in fiscal 1999.

For the 47 weeks ended August 27, 2000, consolidated net revenues were $1.9 billion, an increase of 32 percent from consolidated net revenues of $1.5 billion for the same period in fiscal 1999. Comparable store sales increased 9 percent for the 47-week period ended August 27, 2000, as compared to the same 47-week period in fiscal 1999.

STORE INFORMATION

Stores opened during the 47 weeks ended August 27, 2000

Stores open as of August 27, 2000

Continental North America:
Company-Operated Stores
364
2,394
Licensed Stores
333
503

_______

_______

697
2,897
International:
Company-Operated Stores
64
164
Licensed Stores
148
321

_______

_______

212
485
Total
909
3,382

Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world. In addition to its more than 3,300 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.

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