USA: Starbucks Reports September Comparable Store Sales Increase of 10% and Record FY 2000 Revenues of $2.2 Billion

By Company Press Release | 6 October 2000

Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $228 million for the five-week period ended October 1, 2000 compared to consolidated net revenues of $209 million for September of fiscal 1999, which was a six-week period. Consolidated net revenues increased 31 percent for the five-week period ended October 1, 2000 compared to the five-week period ended October 3, 1999. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 10 percent for the five weeks ended October 1, 2000 as compared to the same five-week period in fiscal 1999. For the 52 weeks ended October 1, 2000, consolidated net revenues were $2.2 billion compared to consolidated net revenues of $1.7 billion for the 53-week period in fiscal 1999. Consolidated net revenues increased 32 percent for the 52 weeks ended October 1, 2000 compared to the 52-week period in 1999. Comparable store sales increased 9 percent for the 52-week period ended October 1, 2000, as compared to the same 52-week period in fiscal 1999.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $228 million for the five-week period ended October 1, 2000 compared to consolidated net revenues of $209 million for September of fiscal 1999, which was a six-week period. Consolidated net revenues increased 31 percent for the five-week period ended October 1, 2000 compared to the five-week period ended October 3, 1999. On a comparable store sales basis (stores open for at least 13 months), sales at company-operated stores increased 10 percent for the five weeks ended October 1, 2000 as compared to the same five-week period in fiscal 1999. For the 52 weeks ended October 1, 2000, consolidated net revenues were $2.2 billion compared to consolidated net revenues of $1.7 billion for the 53-week period in fiscal 1999. Consolidated net revenues increased 32 percent for the 52 weeks ended October 1, 2000 compared to the 52-week period in 1999. Comparable store sales increased 9 percent for the 52-week period ended October 1, 2000, as compared to the same 52-week period in fiscal 1999.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page