Channel Development Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. If you are making an investment decision regarding Starbucks, we suggest that you view our current Annual Report and check Starbucks filings with the Securities and Exchange Commission. 2012. Starbucks's peak revenue was $29.1B in 2021. Pepsi trades under the stock symbol PEP and Starbucks trades under the symbol SBUX as a different entity. Lucas, A. Starbucks Corp. (SBUX) Q1 2022 Earnings Call Corrected Transcript 01-Feb-2022 . All rights reserved. The company announced a new commitment of returning $20 billion to shareholders over the next three years through share repurchases and dividends. Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 14-week fiscal fourth quarter ended October 3, 2021. Zippia gives an in-depth look into the details of Starbucks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Starbucks. Today, with nearly 33,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Total Return. You can sign up for additional subscriptions at any time. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Starbucks - statistics & facts. 13.3%. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Starbucks has shrugged off a difficult year of trading to exceed its pre-pandemic earnings. Maggie Jantzen Interim CEO Howard Schultz, who leaves the helm of the company for the third time, effective April 1, 2023, bringing his 40-year career full circle. Yahoo Finance's Brooke DiPalma joins the Live show to discuss Starbucks's Oleato drink, debuting across . . $25.0M. The company expects to report revenue between $28.5 billion and $29.3 billion, up from the previous $28 billion to $29. These changes are effective as of June 28, 2021. SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: The following supplemental information is provided for historical and comparative purposes. Starbucks Enters New Era of Growth Driven by an Unparalleled Reinvention Plan. by Summer 2022. Just recently, on January 26 and February 9, the company filed two related patents, the latter of which involved a system for . Starbucks shares jump as coffee . In 2020, the annual revenue was approximately $23.518billion, an 11 percent decrease from 2019. The meeting is expected to last two hours. Certain statements contained herein and in our investor conference call related to these results are forward-looking statements within the meaning of the applicable securities laws and regulations. Visit theInvestor Relations pageto accessthelive audio webcast. Starbucks today announced record-breaking Q4 FY21 earnings results, sharing insights into the company's performance and as well as outlining steps being taken to position the company for continued growth into the future. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. During the fourth quarter of Starbucks' 2022 fiscal year, the coffee chain generated 8.4 billion U.S. dollars in revenue. Starbucks annual income taxes for 2021 were $1.157B, a 382.52% increase from 2020. To share in the experience, please visit us in our, Starbucks Corporation (Nasdaq: SBUX) plans to release its fourth quarter and fiscal year end 2021 financial results after the market close on Thursday, October 28, 2021, with a conference call to follow at 2:00 p.m. Pacific Time. Source: FactSet. GAAP results in fiscal 2021 and fiscal 2020 include items that are excluded from non-GAAP results. Management excludes the gain related to the sale of our South Korea joint venture operations as this incremental gain was specific to the sale activity and for reasons discussed above. The company will introduce fiscal year 2022 financial targets during its Q4 FY21 earnings conference call starting today at 2:00 p.m. Pacific Time. Customers can enjoy the iconic Starbucks coffeehouse experience alongside Starbucks. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. Starbucks remains the leading company in the coffee industry with $29.1 billion of annual sales in 2021. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Contact Information and Shareholder Assistance. The segment . Net sales rose 31% to $8.1 billion, falling short of expectations of $8.21 billion. Stores that are temporarily closed or operating at reduced hours due to the COVID-19 pandemic remain in comparable store sales while stores identified for permanent closure have been removed. Dolor. Non-GAAP G&A as a percentage of total net revenues for the fourth quarter of fiscal years 2020 and 2019 was 7.0% and 6.7%, respectively. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Statista. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. October 28, 2021 4 min read. Q4 Consolidated Net Revenues Up 31% to a Record $8.1 BillionQ4 Comparable Store Sales Up 17% Globally; U.S. Up 22% with 11% Two-Year GrowthQ4 GAAP EPS $1.49; Non-GAAP EPS of $1.00 Driven by Strong U.S. PerformanceActive Starbucks Rewards Membership in the U.S. You must click the link in the email to activate your subscription. The momentum continued in Q2 2021 (ended March 2021) as the company recorded revenue of $6.7 billion, up 11% y-o-y while earnings improved to $0.58 per share compared to $0.28 per share in. What makes Starbucks a successful business? Generally, these statements can be identified by the use of words such as anticipate, believe, continue, could, estimate, expect, forecast, intend, may, outlook, plan, potential, predict, project, remain, should, will, would, and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Learn more. Nestl Transaction and Integration-Related Costs, International transaction and integration-related items (2). A replay of the webcast will be available on the companys website until end of day, Friday, February 26, 2021. Does Nestle own Starbucks? Simply speaking, Starbucks makes money by selling coffee, tea, food, and other ready-to-drink beverages in its company-operated or licensed stores. The call will be webcast and can be accessed at http://investor.starbucks.com. . In the fourth quarter of fiscal 2021, certain changes were made to the company's management team, and the operating segment reporting structure was realigned as a result. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Starbucks annual revenue for 2020 was $23.5B, a -11.28% growth from 2019. 2021 Starbucks Corporation. Data may be intentionally delayed pursuant to supplier requirements. After extensive research and analysis, Zippia's data science team found the following key financial metrics. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com . In addition, the company will also prioritize action in high-risk basins to support watershed health and actively address ecosystem resilience and water equity. The peak quarterly revenue was $8.2B in 2022(q3). In August, the company announced the opening of its first Farmer Support Center in Brazil, its tenth globally. The company realigned the fully licensed Latin America and Caribbean markets from the Americas operating segment to the International operating segment. Adjustments were determined based on the nature of the underlying items and their relevant jurisdictional tax rates. Our strong finish to fiscal 2021, including record performance in the fourth quarter, demonstrates the resilience of Starbucks and reinforces the value of the bold strategic moves we have taken over the past two years. Stores that are temporarily closed or operating at reduced hours due to the COVID-19 pandemic remain in comparable store sales while stores identified for permanent closure have been removed. After the Second World War, Italian and Greek immigrants who traveled to Australia brought with them their love of coffee. Starbucks is about to enter the metaverse. Jun 27, 2021 Revenues $544.5 $905.2 (40)% Change in Comparable Store Sales (1) (44)% 19% . For additional reconciliations of the extra week in fiscal 2021, please see the Supplemental Financial Data section of our Investor Relations website at http://investor.starbucks.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20210623005912/en/ Starbucks Contact, Investor Relations: John Culver promoted to group president, North America and chief operating officer; Michael Conway to group president, International and Channel Development; and Michelle Burns to executive vice president, Global Coffee, Tea and Cocoa Starbucks Corporation (NASDAQ: SBUX) today announced several leadership appointments to advance the company's strategic business goals and position Starbucks on a clear growth path for the future. Includes ongoing amortization expense of acquired intangible assets associated with the acquisition of East China and Starbucks Japan; and the related post-acquisition integration costs, such as incremental information technology and compensation-related costs. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. Why is Starbucks so profitable? Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The Starbucks company has a plan for expansion over the . Premium Content. Bhd. Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022. 9/30 . Global revenue of Starbucks 2003-2022 Published by Statista Research Department , Nov 28, 2022 Starbucks' net revenue reached 26.58 billion U.S. dollars in 2022, reflecting an increase. As of May 2021, Starbucks' net margin was 4.18%, which is higher . Represents costs associated with the Global Coffee Alliance with Nestl. They should be easy t What to Eat During Lent. total net revenues, As a % of In the fourth quarter of fiscal 2021, certain changes were made to the company's management team, and the operating segment reporting structure was realigned as a result. 16 avril 2022, 20 h 31 min. Starbucks Rakes in $2.1 Billion in Reward Revenue. Is it better to color Easter eggs warm or cold? SEATTLE--(BUSINESS WIRE)-- Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. Annual Revenue Growth Comment: Starbucks's Annual Revenue for the fiscal year ended 2022, grew by 10.98% Starbucks Annual Income Statement Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. Starbucks annual income after taxes for 2021 was $4.2B, a 354.23% increase from 2020. MOST RECENT 2021 Annual Report and Form 10K. Help Foodly.tn team, dont forget to share this post ! How can Starbucks improve 2021? Image source: The Motley Fool. by After submitting your information, you will receive an email. 2022 2021 2020 2019 2018 5-year trend; Sales/Revenue: 32,228: 29,059: 23,513: 26,502: 24,720 Today, with nearly 33,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. It is the worlds largest coffeehouse chain. Starbucks Corp (SBUX.O) missed quarterly sales estimates on Tuesday, sending shares down 2%, even though the coffee chain raised its annual forecast for revenue and profit on the expectation that . Starbucks will hold a conference call today at 2:00 p.m. Pacific Time, which will be hosted by Kevin Johnson, president and ceo, and Rachel Ruggeri, cfo. In July, the company, in partnership with Caribbean Coffee Traders Limited, announced the arrival of the first Starbucks store in Barbados. Data Analyst Internship jobs at Starbucks, Product Solution Manager jobs at Starbucks, Retail Operation Manager jobs at Starbucks, Assistant Store Manager jobs at Starbucks. Tiffany Willis Starbucks 13 years 11 months . Starbucks' North America segment comprises company-owned and licensed stores in the U.S. and Canada. Increasing consumer mobility is helping fuel sales. Starbucks reported an interest expense of $437 million in its 2020 annual report. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com . Foodly Editors As we execute on our Reinvention plan, we are building on our 51-year history of market leading innovation to position our business and our brand for the next chapter of growth, said Schultz. Includes only Starbucks company-operated stores open 13 months or longer. Business Insider reports that, in an effort to streamline custom drink orders, Starbucks is headed to the patent office. Why did Starbucks fail in Australia? "Our strong finish to fiscal 2021 . with barista hourly rates ranging from$15to$23/ hr. Adjustments to reconcile net earnings to net cash provided by operating activities: Income earned from equity method investees, Distributions received from equity method investees, Loss on retirement and impairment of assets. The company realigned the fully licensed Latin America and Caribbean markets from the Americas operating segment to the International operating segment. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Comparable store sales exclude the effects of fluctuations in foreign currency exchange rates, stores identified for permanent closure and Siren Retail stores. Non-GAAP G&A as a percentage of total net revenues for fiscal years 2021, 2020 and 2019 was 6.6%, 7.1% and 6.5%, respectively. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. 2021 Starbucks Corporation. Starbucks operates over 34,000 stores and is embarking on aggressive measures to. Starbucks has 349,000 employees, and the revenue per employee ratio is $83,268. Download as image Source: Starbucks Company-operated 18,253 Licensed 17,458 Over 18,000 of the 35,700 Starbucks stores across the world are operated directly by the company. across the country. 2018. The companies will work to quickly bring these coffee beverages to consumers in 2022. Starbucks Revenue (Annual): 32.25B for Sept. 30, 2022 View 4,000+ Financial Data Types: Browse Revenue (Annual) Chart View Full Chart No data available Historical Revenue (Annual) Data View and export this data back to 1991. Starbucks debuts new olive oil coffee drinks in Italy. For fiscal 2021, comparable store sales percentages were calculated excluding the extra week in the fourth quarter of fiscal 2021. [email protected]. There was no impact to consolidated net revenues, consolidated operating income or net earnings per share as a result of these changes. Why do people sell Starbucks cups so expensive? The company uses its website as a tool to disclose important information about the company and comply with its disclosure obligations under Regulation Fair Disclosure. Comparable store sales exclude the effects of fluctuations in foreign currency exchange rates and Siren Retail stores. FY21 Financial overview: Starbucks UK Coffee Company (in GBP): Total revenues: 328m, up 35% driven by the recovery of sales in both [] Starbucks Corp. annual balance sheet for SBUX company financials. (1) For additional reconciliations of the extra week in fiscal 2021, please see the Supplemental Financial Data section of our Investor Relations website at http://investor.starbucks.com. Yuumy Pascal Click the button below to request a report when hardcopies become available. Actual future results and trends may differ materially depending on a variety of factors, including, but not limited to: the actual impact of our increased labor investments on our operations and financial results; further spread of COVID-19 and its variants; regulatory measures or voluntary actions that may be put in place to limit the spread of COVID-19, including vaccine mandates and restrictions on business operations or social distancing requirements and the duration and efficacy of such restrictions and the world-wide distribution and acceptance of vaccines; the potential for a resurgence of COVID-19 infections in a given geographic region after it has hit its peak; fluctuations in U.S. and international economies and currencies; our ability to preserve, grow and leverage our brands; the ability of our business partners and third-party providers to fulfill their responsibilities and commitments; potential negative effects of incidents involving food or beverage-borne illnesses, tampering, adulteration, contamination or mislabeling; potential negative effects of material breaches of our information technology systems to the extent we experience a material breach; material failures of our information technology systems; costs associated with, and the successful execution of, the companys initiatives and plans, including the successful expansion of our Global Coffee Alliance with Nestl; our ability to obtain financing on acceptable terms; the acceptance of the companys products by our customers, evolving consumer preferences and tastes and the availability of consumer financing; changes in the availability and cost of labor; significant increased logistic costs, including but not limited to inflationary pressures; the impact of competition; inherent risks of operating a global business; the prices and availability of coffee, dairy and other raw materials; the effect of legal proceedings; and the effects of changes in tax laws and related guidance and regulations that may be implemented and other risks detailed in the company filings with the Securities and Exchange Commission, including the Risk Factors sections of Starbucks Annual Report on Form 10-K for the fiscal year ended September 27, 2020 and Quarterly Report on Form 10-Q for the fiscal quarter ended June 27, 2021. also, What is the main business of Starbucks? Revenues Definition Revenues measure the total amount of value that a company brings in during a certain period. After submitting your information, you will receive an email. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Comparable store sales exclude the effects of fluctuations in foreign currency exchange rates and Siren Retail stores. Refer to the Starbucks Investor Relations website for additional information regarding historical non-GAAP information. Net stores opened/(closed) and transferred during the period. Comparable store sales exclude Siren Retail stores. The unavailable information could have a significant impact on the companys GAAP financial results. The company assumes no obligation to update any of these forward-looking statements. Net profit for the fourth quarter was Rs 239 Crs ($31m) and Rs 1015 Crs ($131m) for the full year. Q4 Comparable Store Sales Up 17% Globally; U.S. Up 22% with 11% Two-Year Growth Starbucks is Ranked #125 on Fortune 500 List (2021), #8 World's Most Admired Company - Fortune Magazine (2021), and #1 Most Valuable Restaurant Brand in the World - Brand Finance (2022) Starbucks is the World's Largest Coffee Chain With 35,000+ Locations in 82 Countries | $32.25b in Revenue in 2022, an 11% Increase From 2021 Environmental, Social, Governance | Starbucks Resources Hub. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or. The conference call will be webcast, including closed captioning, and can be accessed on the companys website: http://investor.starbucks.com . Feb 28, 2023, 9:00 a.m. 2014. total net revenues, As a % of International Source: Kantar Media, Extraordinaries & Discontinued Operations. Certain non-GAAP measures included in this report were not reconciled to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward-looking basis. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Revenues Definition Revenues measure the total amount of value that a company brings in during a certain period. Represents costs associated with our restructuring efforts, primarily severance and asset impairments related to certain company-operated store closures and impairment of certain corporate assets. (2020, December 9). Les champs obligatoires sont indiqus avec. The decline was primarily driven by a 20% unfavorable impact of Global Coffee Alliance transition-related activities, including a structural change in our single-serve business, partially offset by incremental revenue from the extra week in Q4 fiscal 2021 and growth in the Global Coffee Alliance and the International ready-to-drink businesses. To receive notifications via email, enter your email address and select at least one subscription below. For all Starbucks press releases, please visit the Starbucks Newsroom. A replay of the webcast will be available until end of day Friday, November 26, 2021. . Includes only Starbucks company-operated stores open 13 months or longer. 9/30/2021. Les champs obligatoires sont indiqus avec *. The 68-year-old businessman and author is approximately worth $4 billion, as per Forbes. Starbucks annual net income for 2021 was $4.199B, a 352.36% increase from 2020. Report with financial data, key executives contacts, ownership details & and more for Berjaya Starbucks Coffee Company Sdn. We know that when we exceed the expectations of our people, they in turn exceed the expectations of our customers - which creates value for all of our stakeholders - our partners, our customers, our communities and our shareholders. Starbucks annual income taxes for 2022 were $0.949B, a 17.99% decline from 2021. Through our unwavering commitment to excellence and our guiding, Q3 Consolidated Net Revenues Up 78% to a Record $7.5 Billion, Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2021 financial results after the market close on Tuesday, July 27, 2021, with a conference call to follow at 2:00 p.m. Pacific Time. How does Starbucks make a profit? You can sign up for additional subscriptions at any time. Refer to the Starbucks Investor Relations website for additional information regarding historical non-GAAP information. Operating margin of 50.1% expanded from 42.7% in the prior year, primarily due to Global Coffee Alliance transition-related activities, including the structural change in our single-serve business partially offset by the impact of the extra week in Q4 fiscal 2021. Starbucks says it lost $3 billion in revenue in latest quarter due to coronavirus pandemic. Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. As of March 2021, there are a reported 32,938 retail locations worldwide. Operating income increased to $1.3 billion in Q4 FY21, up from $506.0 million in Q4 FY20. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Nous avons cr un lieu o lon parle autant de recettes dlicieuses et facilesque dela nourriture comme dun mode de vie amusant et dun phnomne culturel. shares outstanding - diluted, Store operating expenses as a % of company-operated store revenues, Effective tax rate including noncontrolling interests, Net earnings/(loss) attributable to noncontrolling interests, As a % of North America Fourth quarter revenues to 30 October 2021 were $8.1bn - a 31.3% increase compared to the same period in 2020. Starbucks initiated its dividend in 2010 and has increased it in each of the past 11 years. Such items may include acquisitions, divestitures, restructuring and other items. Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Performance Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. Revenues are used for all operating expenses as well as other line items which eventually lead to the net income for the company. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. We anticipate that our strong business momentum, increased operating efficiency and continued global store expansion will fund these unprecedented investments while delivering yet another year of significant growth, concluded Johnson. We know that when we exceed the expectations of our people, they in turn exceed the expectations of our customers - which creates value for all of our stakeholders - our partners, our customers, our communities and our shareholders. RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES, (unaudited, in millions except per share data), General and administrative expenses, as reported (GAAP), Non-GAAP G&A as a % of total net revenues (4), Nestl transaction and integration-related costs (3), Diluted net earnings per share, as reported (GAAP), Gain resulting from divestiture of South Korea joint venture, Income tax effect on Non-GAAP adjustments (5). Nestle and Starbucks signed a global licensing deal in 2018 that granted Nestle the perpetual rights to market Starbucks packaged coffee and food service products globally. Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock. To share in the experience, please visit us in our stores or online at http://news.starbucks.com or www.starbucks.com . Operating margin of 21.8% expanded from 12.0% in the prior year, primarily driven by sales leverage from business recovery and the lapping of higher COVID-19 related costs in the prior year, in addition to the impact of pricing, partially offset by increased supply chain costs due to inflationary pressures. This is also considered the "top-line" of the income statement. Starbucks made the announcement Wednesday ahead of its annual meeting. Revenue distribution of Starbucks 2009-2021, by product type. Global same-store sales climbed 17%, missing StreetAccount estimates of 18.3%. Starbucks has 349,000 employees, and the revenue per employee ratio is $83,268. View source version on businesswire.com: https://www.businesswire.com/news/home/20210113005203/en/ Starbucks Contact, Investor Relations: Starbucks Corporation (Nasdaq: SBUX) plans to release its first quarter fiscal year 2021 financial results after the market close on Tuesday, January 26, 2021, with a conference call to follow at 2:00 p.m. Pacific Time. Starbucks annual gross profit for 2022 was $21.933B, a 7.93% increase from 2021. . Revenue is an extremely important metric when analyzing a company. Figures for average income in these cities is relatively difficult to come by, but estimates from 2020 show Tier 1 city average annual disposable incomes to RMB 69,000 ($10,125), while Tier 2 . Votre adresse e-mail ne sera pas publie. Starbucks annual revenue for 2020 was $23.5B, a -11.28% growth from 2019 Located in Varginha, Minas Gerais state, the new Farmer Support Center extends Starbucks presence in a key coffee producing region and aims to provide valuable resources to local coffee communities as part of the companys commitment to source coffee responsibly, for the betterment of people and the planet. Operating margin also benefited from lower restructuring expenses primarily associated with the North America Trade Area Transformation. The comparable prior-year periods in fiscal 2021 included 14- and 53-weeks, respectively. Starbucks Revenue Totals Starbucks annual revenue: FY 2021: $29 billion FY 2020: $23.5 billion FY 2019: $26.5 billion FY 2018: $24.7 billion FY 2017: $22.4 billion FY 2016: $21.3 billion FY 2015: $19.2 billion FY 2014: $16.4 billion FY 2013: $14.8 billion FY 2012: $13.2 billion FY 2011: $11.7 billion FY 2010: $10.7 billion FY 2009: $9.8 billion The CEO didnt revealed much, but whatever it is, it will be ready this year. Starbucks Reports Record Q4 and Full Year Fiscal 2021 Results, Contact Information and Shareholder Assistance, https://www.businesswire.com/news/home/20211028006140/en/, Global comparable store sales increased 17%, driven by a 15% increase in comparable transactions and a 2% increase in average ticket, North America comparable store sales increased 22%, primarily driven by an 18% increase in comparable transactions and a 3% increase in average ticket; U.S. comparable store sales increased 22%, driven by a 19% increase in comparable transactions and a 3% increase in average ticket, International comparable store sales increased 3%, driven by a 6% increase in comparable transactions, partially offset by a 2% decline in average ticket; China comparable store sales decreased 7%, driven by a 5% decline in average ticket and a 2% decline in transactions; International and China comparable store sales include adverse impacts of approximately 3% and 4%, respectively, from lapping prior-year value-added tax exemptions in China, The company opened 538 net new stores in the fourth quarter of fiscal 2021, yielding 4% year-over-year unit growth, ending the period with a record 33,833 stores globally, of which 51% and 49% were company-operated and licensed, respectively, Stores in the U.S. and China comprised 62% of the companys global portfolio at the end of the fourth quarter of fiscal 2021, with 15,450 and 5,360 stores, respectively, Consolidated net revenues of $8.1 billion grew 31% (22% on a 13-week basis, GAAP operating margin of 18.2% increased from 9.0% in the prior year primarily driven by sales leverage from business recovery and the lapping of COVID-19 related costs in the prior year as well as pricing in North America, partially offset by increased supply chain costs due to inflationary pressures; GAAP operating margin also benefited from lapping the higher restructuring activities in the prior year primarily associated with the North America Trade Area Transformation, Non-GAAP operating margin of 19.6% increased from 13.2% in the prior year, GAAP earnings per share of $1.49 grew from $0.33 in the prior year including a $0.56 gain on the divestiture of our South Korea joint venture and $0.10 related to the extra week in Q4 fiscal 2021, Non-GAAP earnings per share of $1.00 grew from $0.51 in the prior year including $0.10 related to the extra week in Q4 fiscal 2021, Starbucks Rewards loyalty program 90-day active members in the U.S. increased to 24.8 million, up 28% year-over-year, Global comparable store sales increased 20%, primarily driven by a 10% increase in average ticket and a 9% increase in comparable transactions, North America comparable store sales increased 22%, primarily driven by a 13% increase in average ticket and a 7% increase in comparable transactions; U.S. comparable store sales increased 21%, driven by a 13% increase in average ticket and an 8% increase in comparable transactions, International comparable store sales were up 16%, driven by a 14% increase in comparable transactions and a 1% increase in average ticket; China comparable store sales increased 17%, driven by a 19% increase in comparable transactions and a 2% decrease in average ticket, Consolidated net revenues of $29.1 billion increased 24% (21% on a 52-week basis) from the prior year mainly driven by a 20% increase in comparable store sales primarily from lapping the unfavorable impact of business disruption in the prior year due to the COVID-19 pandemic, GAAP operating margin of 16.8%, up from 6.6% in the prior year primarily driven by sales leverage from business recovery and the lapping of COVID-19 related costs in the prior year as well as pricing in North America, partially offset by additional investments and growth in wages and benefits for store partners, Non-GAAP operating margin of 18.1%, up from 9.1% in the prior year, GAAP earnings per share of $3.54 grew from $0.79 in the prior year including a $0.56 gain on the divestiture of our South Korea joint venture and $0.10 related to the 53rd week in fiscal 2021, Non-GAAP earnings per share of $3.24 grew from $1.17 in the prior year including $0.10 related to the 53rd week in fiscal 2021. 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