26.11.03

26.11.2003: Meldung: Starbucks Corporation: 11% Comparable Store Sales Growth

Starbucks Reports 11% Comparable Store Sales Growth
Tuesday November 25, 4:02 pm ET

Highest Monthly Comparable Store Sales Growth in Three Years

Net Revenues Increase 28% in November

SEATTLE--Nov. 25, 2003--Starbucks Corporation (Nasdaq:SBUX - News) today reported consolidated net revenues of $387 million for the four-week period ended November 23, 2003, an increase of 28 percent from consolidated net revenues of $301 million for the same period in fiscal 2003. On a comparable store sales basis (stores open for at least 13 months), sales at Company-operated stores increased 11 percent for the four weeks ended November 23, 2003, as compared to the same four-week period in fiscal 2003. "Our strong results in November demonstrate the focus and passion that our partners have for providing a great experience to our customers each and every day," noted Jim Donald, president, North America.
For the eight weeks ended November 23, 2003, consolidated net revenues were $750 million, an increase of 29 percent from consolidated net revenues of $581 million for the same period in fiscal 2003. Comparable store sales increased 10 percent for the eight weeks ended November 23, 2003, as compared to the same eight-week period in fiscal 2003.

Net stores opened during
the 8 weeks ended Stores open as of
November 23, 2003 November 23, 2003
------------------------- ------------------
Continental North America:
Company-operated Stores 61 4,156
Licensed Stores 83 1,558
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144 5,714
International:
Company-operated Stores 13 464
Licensed Stores 45 1,249
------------------------- ------------------
58 1,713
Total 202 7,427
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Starbucks Corporation is the leading retailer, roaster and brand of specialty coffee in the world, with more than 7,000 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 brand portfolio provides a wide variety of consumer products. Tazo Tea"s line of innovative premium teas and Hear Music"s exceptional compact discs enhance the Starbucks Experience through best-of-class products. The Seattle"s Best Coffee® and Torrefazione Italia® Coffee brands enable Starbucks to appeal to a broader consumer base by offering an alternative variety of coffee flavor profiles.

Contact:

Starbucks Investor Relations
Mary Ellen Fukuhara, 206-318-4025



Source: Starbucks Corporation
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