Starbucks 2003 Annual Report Download - page 3

14฀ Fiscal฀2003฀Annual฀Report
Fiscal฀2003฀Annual฀Report฀ 15
SELECTED฀FINANCIAL฀DATA
In฀thousands,฀except฀earnings฀per฀share฀and฀store฀operating฀data
The฀following฀selected฀financial฀data฀have฀been฀derived฀from฀the฀consolidated฀financial฀statements฀of฀Starbucks฀Corporation฀
(the฀“Company”).฀ The฀data฀ set฀ forth฀ below฀ should฀ be฀ read฀ in฀ conjunction฀with฀ “Management’s฀ Discussion฀and฀ Analysis฀ of฀
Financial฀Condition฀and฀Results฀of฀Operations,”฀the฀section฀“Certain฀Additional฀Risks฀and฀Uncertainties”฀in฀the฀Company’s฀
annual฀report฀on฀Form฀10-K฀and฀the฀Company’s฀consolidated฀financial฀statements฀and฀notes฀thereto.
฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀Sept฀28,฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀Sept฀29,฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ Sept฀30,฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ Oct฀1,฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀Oct฀3,
฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 2003฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀2002 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀2001 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 2000฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀1999
As฀of฀and฀for฀the฀fiscal฀year฀ended฀(1) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ (52฀Wks) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ (52฀Wks) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀(52฀Wks) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀(52฀Wks)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ (53฀Wks)
RESULTS฀OF฀OPERATIONS฀DATA ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
Net฀revenues:฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ Retail ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ $ ฀3,449,624 ฀฀฀฀฀฀฀ $ 2,792,904฀฀฀฀฀฀฀ $ ฀ 2,229,594฀฀฀฀฀฀฀ $ ฀ 1,823,607฀฀฀฀฀฀฀ $ ฀ 1,423,389
฀ Specialty ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀ 625,898 ฀฀฀฀฀฀฀฀฀฀฀฀฀ 496,004฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 419,386฀฀฀฀฀฀฀฀฀฀฀฀฀฀354,007฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 263,439
Total฀net฀revenues฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀4,075,522 ฀฀฀฀฀฀฀฀฀฀ 3,288,908฀฀฀฀฀฀฀฀฀฀฀ 2,648,980฀฀฀฀฀฀฀฀฀฀฀ 2,177,614฀฀฀฀฀฀฀฀฀฀฀ 1,686,828
Operating฀income฀(2) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀ 424,713 ฀฀฀฀฀฀฀฀฀฀฀฀฀ 316,338฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 280,219฀฀฀฀฀฀฀฀฀฀฀฀฀฀212,190฀฀฀฀฀฀฀฀฀฀฀฀฀฀156,641
Internet-related฀investment฀losses฀(3)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 2,940฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀58,792฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀
Gain฀on฀sale฀of฀investment฀(3) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀13,361฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀–฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀
Net฀earnings฀(2) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀$ ฀฀฀ 268,346 ฀฀฀฀฀฀฀ $ ฀฀฀ 212,686฀฀฀฀฀฀฀ $ ฀฀฀฀ 180,335฀฀฀฀฀฀฀ $ ฀฀฀฀฀฀94,502฀฀฀฀฀฀฀ $ ฀฀฀฀ 101,623
Net฀earnings฀per฀common฀share฀–฀diluted฀(2)(4)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀$ ฀฀฀฀฀฀฀฀฀0.67 ฀฀฀฀฀฀฀ $ ฀฀฀฀฀฀฀฀ 0.54฀฀฀฀฀฀฀ $ ฀฀฀฀฀฀฀฀฀ 0.46฀฀฀฀฀฀฀ $ ฀฀฀฀฀฀฀฀฀ 0.24฀฀฀฀฀฀฀ $ ฀฀฀฀฀฀฀฀฀ 0.27
Cash฀dividends฀per฀share ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ –฀ ฀
BALANCE฀SHEET฀DATA ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
Working฀capital฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ $ ฀฀฀ 315,326 ฀฀฀฀฀฀฀ $ ฀฀฀ 310,048฀฀฀฀฀฀฀ $ ฀฀฀฀ 148,661฀฀฀฀฀฀฀ $ ฀฀฀฀146,568฀฀฀฀฀฀฀ $ ฀฀฀฀ 135,303
Total฀assets฀(2)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀2,729,746 ฀฀฀฀฀฀฀฀฀฀ 2,214,392฀฀฀฀฀฀฀฀฀฀฀ 1,783,470฀฀฀฀฀฀฀฀฀฀฀ 1,435,026฀฀฀฀฀฀฀฀฀฀฀ 1,188,578
Long-term฀debt฀(including฀current฀portion)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀5,076 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 5,786฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 6,483฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 7,168฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 7,691
Shareholders’฀equity฀(2) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀$ ฀2,082,427 ฀฀฀฀฀฀฀ $ 1,723,189฀฀฀฀฀฀฀ $ ฀ 1,374,865฀฀฀฀฀฀฀ $ ฀ 1,148,212฀฀฀฀฀฀฀ $ ฀฀฀฀ 960,887
STORE฀OPERATING฀DATA฀(5) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
Percentage฀change฀in฀comparable฀store฀sales:฀(6) ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ United฀States฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 9% ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 7%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 5%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 9%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 6%
฀ International฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 7% ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 1%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 3%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 12%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 8%
฀ Consolidated ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 8% ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 6%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 5%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 9%฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 6%
฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
Stores฀opened฀during฀the฀year:฀(7)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ United฀States฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ ฀ Company-operated฀stores฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀506 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 503฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 498฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 388฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 394
฀ ฀ Licensed฀stores ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀315 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 264฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 268฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 342฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 42
฀ International฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ ฀ Company-operated฀stores฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 96 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 111฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 149฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀96฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀53
฀ ฀ Licensed฀stores ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀284 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 299฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 293฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 177฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 123
Total ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀1,201 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 1,177฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 1,208฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 1,003฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 612
Stores฀open฀at฀year฀end: ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ United฀States฀(8)฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ ฀ Company-operated฀stores฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 3,779 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 3,209฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 2,706฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 2,208฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 1,820
฀ ฀ Licensed฀stores ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀1,422 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 1,033฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 769฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 501฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 159
฀ International฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀
฀ ฀ Company-operated฀stores฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀767 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 671฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 560฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 411฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 315
฀ ฀ Licensed฀stores ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀1,257 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 973฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 674฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 381฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 204
Total ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀7,225 ฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 5,886฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 4,709฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 3,501฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀฀ 2,498
(1) ฀฀ The฀Company’s฀fiscal฀year฀ends฀on฀the฀Sunday฀closest฀to฀September฀30.฀All฀fiscal฀years฀presented฀include฀52฀weeks,฀except฀fiscal฀1999,฀which฀includes฀
53฀weeks.
(2) ฀฀ Amounts฀have฀been฀retroactively฀adjusted฀for฀the฀effect฀of฀the฀application฀of฀the฀equity฀method฀of฀accounting฀for฀the฀Company’s฀additional฀equity฀
ownership฀interests฀in฀Austria,฀Shanghai,฀Spain,฀Switzerland฀and฀Taiwan.฀See฀Notes฀to฀Consolidated฀Financial฀Statements฀(Note฀2).฀
(3) ฀฀ See฀Notes฀to฀Consolidated฀Financial฀Statements฀(Notes฀4฀and฀7).
(4) ฀฀ Earnings฀per฀share฀data฀for฀fiscal฀years฀presented฀above฀have฀been฀restated฀to฀reflect฀the฀two-for-one฀stock฀splits฀in฀fiscal฀2001฀and฀1999.
(5) ฀฀ Store฀operating฀data฀reflects฀Canada฀within฀the฀international฀category.฀
(6) ฀฀ Includes฀only฀Company-operated฀stores฀open฀13฀months฀or฀longer.
(7) ฀฀ Store฀openings฀are฀reported฀net฀of฀closures.
(8) ฀฀ United฀States฀stores฀open฀at฀fiscal฀2003฀year฀end฀include฀43฀Seattle’s฀Best฀Coffee฀(“SBC”)฀and฀21฀Torrefazione฀Italia฀Company-operated฀stores฀and฀
74฀SBC฀franchised฀stores.