Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $175 million for the four-week period ended July 30, 2000, an increase of 34 percent from consolidated net revenues of $131 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 8 percent for the four weeks ended July 30, 2000 as compared to the same four-week period in fiscal 1999.

For the 43 weeks ended July 30, 2000, consolidated net revenues were $1.8 billion, an increase of 32 percent from consolidated net revenues of $1.3 billion for the same period in fiscal 1999. Comparable store sales increased 9 percent for the 43-week period ended July 30, 2000, as compared to the same 43-week period in fiscal 1999.


STORE INFORMATION

Stores opened during
the 43 weeks ended Stores open as of
July 30, 2000 July 30, 2000

Continental North America:
Company-Operated Stores 337 2,367
Licensed Stores 298 469
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635 2,836
International:
Company-Operated Stores 56 157
Licensed Stores 141 314
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197 471

Total 832 3,307
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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.