At least 208 companies received letters from the SEC about their revenue-recognition practices in 2018, according to regulatory filings and data … Revenue in the Other segment fell 45.9% to $168.4 million in fiscal 2018. Fiscal year is October-September. In fiscal 2018, Starbucks (SBUX) posted revenue of $24.72 billion, a rise of 10.4% from $22.39 billion in fiscal 2017. 9�����p�k;��q����N'"$/P$����9�Y��(��4���ŀ���t�ܤ��do�L���ID�كQ���nBJ���}!��� �J&�p�n�$q Before its Q2 FY 2020 earnings results, Starbucks had posted positive YOY revenue and adjusted earnings growth in every quarter since Q1 FY 2018. endstream endobj startxref 0 Starbucks Corp. The net addition of 1,985 restaurants and global SSSG (same-store sales growth) of 2.0% drove the company’s revenue during the period. Carnival Stock Looks Like a Buy in 2021 Amid COVID-19 Vaccine Rollout, Why It Is Important to Have a Reputable Credit Card. STARBUCKS CORPORATION: CONSOLIDATED STATEMENTS OF EARNINGS (unaudited, in millions, except per share data) Quarter Ended: Quarter Ended: Sep 30, 2018 Oct 1, 2017 % Change. Starbucks annual net income for 2019 was $3.599B, a 20.34% decline from 2018. Starbucks annual net income for 2020 was $0.928B, a 74.21% decline from 2019. Commission File Number: 0-20322 Starbucks Corporation In 2019, Starbucks, generated a total of 26.52 billion U.S. dollars in revenue. Commission File Number: 0-20322 Starbucks Corporation 2020 2019 2018 2017 2016 5-year trend; Sales/Revenue: 23,513: 26,502: 24,720: 22,384: 21,311 Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Get the annual and quarterly balance sheet of Starbucks Corporation (SBUX) including details of assets, liabilities and shareholders' equity. �Cxbb��>�_�9 This revenue growth was driven by the company’s acquisition of its East China business from franchisees and revenue from the opening of 756 new restaurants in the last four quarters. Download this Press ReleasePDF Format (opens in new window) Q2 Comp Store Sales Up 2% Globally and in the U.S., Up 4% in China. ����I�$7 ��4�������_*U��D��������y$^ɒd$XC�x�����_P�*��{5����3@N�x5�E���W���jBC����V�/�l�A���s��s?�G`�EZv All values USD Millions. Revenue in the EMEA segment rose 9.0% to $1.05 billion. 9/30/2017. However, Starbucks’s number of company-owned restaurants fell by 12 units in the same period, offsetting some of its sales growth. The Americas segment posted revenue of $16.73 billion in fiscal 2018, representing a rise of 6.9% from $15.65 billion in fiscal 2017. Starbucks net income for the twelve months ending September 30, 2020 was $0.928B, a 74.21% decline year-over-year. Growth in stores: It increased its number of stores from 1,886 to 31,256 between 1998 and 2019. The net addition of 1,985 restaurants and global SSSG (same-store sales growth) of 2.0% drove the company’s revenue during the period. Form 10-K Starbucks Corp Annual report [Section 13 and 15(d), not S-K Item 405] SEC.report. "׃H#0�D2�@$�L0{�-&��O`�f;�d�"��@��30�$����� �}H�̎X "y'� @3[�.a`$�d�N��Q;�����@� !�I Revenue in the China/Asia Pacific segment rose 38.1% to $4.47 billion in fiscal 2018. In depth view into Starbucks Revenue (Annual) including historical data from 1992, charts, stats and industry comps. Starbucks net profit margin as of September 30, 2020 is 3.95% . See insights on Starbucks including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 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