Company Profile For Starbucks Corporation

Starbucks Corporation, together with its subsidiaries (Starbucks) is the roaster and retailer of specialty coffee. It purchases and roasts whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, a range of food items, a selection of premium teas, and beverage-related accessories and equipment, through Company-operated retail stores. Starbucks also sells coffee and tea products and licenses its trademark through other channels such as licensed retail stores and, through certain of its licensees and equity investees, Starbucks produces and sells a range of ready-to-drink beverages. The Company operates in three business segments: United States (US), International and Global Consumer Products Group (CPG).

BRIEF: For the fiscal year ended 27 September 2009, Starbucks Corporation's revenues decreased 6% to $9.77B. Net income increased 24% to $390.8M. Revenues reflect lower Company-operated retail sales and a decrease in foodservice & other income. Net income was offset by lower cost of sales, a significant decrease in store operating expenses, a fall in other operating expenses and an increase in income from equity investees.