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Item Financial Statements and Supplementary Date STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS fin millions, except per share data) Sep 29, 2019 Fiscal Year Ended Revenue
Item Financial Statements and Supplementary Date STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS fin millions, except per share data) Sep 29, 2019 Fiscal Year Ended Revenue Sep 30, 2018 24.719.5 Oct 1, 2017 22,386.8 26,508.6 Cost of Goods Sold (COGS) 7 ,930.7 7.065.8 8,526, 9 10,493.6 Store operating expenses 9.472.2 8,486.4 Depreciation and amortization expenses Interest expense 1,377.3 331.0 871.6 1,247.0 170 3 1,262.0 1,011,4 92,5 1,432.6 Income tax expense Answer all the questions below. Question 1. Based on the income statement above, what is the gross profit, gross profit margin, net profit, net profit margin in 2019, 2018, and 2017? Show your calculations below, and then fill in the summary table below Calculations: Summary Table 2019 Gross profit Cross profit margin Net profit Net profit margin Question 2: Based on your answers to Question 1, how is Starbucks doing in terms of their sales in 2019 and in terms of their operations in 2019? Make sure that your explanation includes what you have found in the Summary Table, and also make a comparison across the three years. (2-3 paragraphs) Question 3: Based on your answers to Question 3, what should Starbucks be doing in the next 5 years? What would be a good strategy to achieve what they should be doing for the next 5 years? (2-3 paragraphs)
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