| Business Summary | | Starbucks
Corp.
purchases
and
roasts
high
quality
whole
bean
coffees
and
sells
them,
along
with
fresh,
rich-brewed
coffees,
Italian-style
espresso
beverages,
cold
blended
beverages,
a
variety
of
pastries
and
confections,
coffee-related
accessories
and
equipment,
and
a
line
of
premium
teas,
primarily
through
its
Company-operated
retail
stores.
In
addition
to
sales
through
its
Company-operated
retail
stores,
Starbucks
sells
coffee
and
tea
products
through
other
channels
of
distribution.
Starbucks,
through
its
joint
venture
partnerships,
also
produces
and
sells
bottled
Frappuccino
coffee
drink
and
a
line
of
premium
ice
creams. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SBUX
purchases,
roasts
and
sells
high
quality
whole
bean
coffees,
rich-brewed
coffees,
Italian-style
espresso
beverages,
cold
blended
beverages
and
a
variety
of
pastries.
For
the
39
weeks
ended
7/1/01,
net
sales
rose
23%
to
$1.96
billion.
Net
income
rose
37%
to
$128
million.
Revenues
reflect
the
opening
of
new
retail
stores
and
higher
comparable
store
sales.
Net
income
also
reflects
a
higher
gross
margin
due
to
an
increase
in
sales
prices. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Howard Schultz, 47 Chairman
and Chief Global Strategist | $2.1M | Orin Smith, 58 Pres,
CEO | 2.0M | Michael Casey, 55 Exec.
VP, CFO and Chief Admin. Officer | 811K | Shelley Lanza, 44 Exec.
VP, HR, Corp. Social Responsibility, Gen. Counsel, Sec. | -- | Edward Garcia, 53 Exec.
Vice Persident, Supply Chain and Coffee Operations | -- | Dollar
amounts are as of 28-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|