02.05.03

2.5.2003: Meldung: Starbucks Corp. : Growth Continues

Starbucks Revenue Growth Continues to Exceed Expectations in April
Thursday May 1, 4:04 pm ET

SEATTLE--May 1, 2003--Starbucks Corporation (Nasdaq:SBUX - News) today reported consolidated net revenues of $307 million for the four-week period ended April 27, 2003, an increase of 22 percent from consolidated net revenues of $252 million for the same period in fiscal 2002. On a comparable store sales basis (stores open for at least 13 months), sales at Company-operated stores increased 7 percent for the four weeks ended April 27, 2003, as compared to the same four-week period in fiscal 2002.

For the 30 weeks ended April 27, 2003, consolidated net revenues were $2.3 billion, an increase of 23 percent from consolidated net revenues of $1.8 billion for the same period in fiscal 2002. Comparable store sales increased 8 percent for the 30 weeks ended April 27, 2003, as compared to the same 30 weeks in fiscal 2002.

Starbucks is targeting approximately 20 percent growth in total revenues, and 3 to 7 percent growth in comparable store sales, in fiscal 2003.

STORE INFORMATION

Net stores opened
during
the 30 weeks ended Stores open as of
April 27, 2003 April 27, 2003
------------------- -----------------
Continental North America:
Company-Operated Stores 253 3,749
Licensed Stores 167 1,245
------------------- -----------------
420 4,994
International:
Company-Operated Stores 42 426
Licensed Stores 178 1,106
------------------- -----------------
220 1,532

Total 640 6,526
=================== =================


Starbucks Corporation is the leading retailer, roaster and brand of specialty coffee in the world, with more than 6,500 retail locations in North America, Latin America, Europe, the Middle East and the Pacific Rim. The Company is committed to offering the highest quality coffee and the Starbucks Experience while conducting its business in ways that produce social, environmental and economic benefits for communities in which it does business. In addition to its retail operations, the Company produces and sells bottled Frappuccino® coffee drinks, Starbucks DoubleShot(TM) coffee drink, and a line of superpremium ice creams through its joint venture partnerships. The Company"s other brands enhance the Starbucks Experience through best-of-class products: Tazo Tea Company offers a line of innovative premium teas, and Hear Music produces and distributes a line of exceptional compact discs.



Contact:

Starbucks Investor Relations
Mary Ellen Fukuhara, 206/318-4025
http://www.businesswire.com/cnn/sbux.shtml


Source: Starbucks
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