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 thirteen weeks ended 27 December 2009, Starbucks Corporation's revenues increased 4% to 2.72B. Net income totaled $241.5M, up from $64.3M. Revenues reflect an increase in income from company-operated retail sales. Net income also reflects a decrease in cost of sales including occupancy costs, lower store operating expenses, a decrease in other operating expenses and lower depreciation & amortization expenses.