Starbucks 2011 Annual Report Download - page 2

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$1,612
$532
$1,705
$441
$1,259
$985
$1,389
$446
$1,331
$1,080
Operating Income (in Millions) Operating Margin (in %)
Earnings per Diluted Share
* 2010 comparable store sales growth was calculated excluding the additional week in September 2010.
** Non-GAAP measure. Excludes $339, $332 and $53 million in pretax restructuring and transformation
charges in 2008, 2009 and 2010, respectively. Also excludes a benefi t from the 53rd week in 2010 of
approximately $59 million and a gain on the sale of properties in 2011 of $30 million.
*** 2011 excludes $0.10 of gain resulting from the acquisition of the company’s joint venture operations in
Switzerland and Austria and the gain on the sale of properties.
Fiscal 2011 Financial Highlights
2007 2008 2009 2010 2011 2007 2008 2009 2010 2011
2007 2008 2009 2010 2011
2007 2008 2009 2010 2011 2007 2008 2009 2010 2011
$9.4
Net Revenues (in Billions) Comparable Store Sales Growth
(Company-Operated Stores Open 13 Months or Longer)
$10.4
–3%
5%
8%
$9.8
–6%
$10.7
$11.7
7%*
Operating Cash Flow & Capital Expenditures (in Millions)
$1,728
$1.62
14.8%
$1,419
$1.24
13.3%
$504
$0.43
4.9%
$562
$0.52
5.7%
2007 2008 2009 2010 2011
$1,698**
$1.52***
14.5%**
$1,414**
$1.23**
13.5%**
$843**
$0.71**
8.1%**
$1,054
$0.87
11.2%
$894**
$0.80**
9.2%**
GAAP EPS
GAAP GAAP
Cash from OperationsNon-GAAP EPS
Non-GAAP Non-GAAP
Capital Expenditures