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What is the following: - Profit margin (net income / Net Sales (or net revenues). - Ratio Calculation - Result Interpretation STARBUCKS CORPORATION CONSOLIDATED STATEMENTS
What is the following:
- Profit margin (net income / Net Sales (or net revenues).
- Ratio Calculation
- Result Interpretation
STARBUCKS CORPORATION CONSOLIDATED STATEMENTS OF EARNINGS (in millions, except per share data) Oct 2, Sep 30, 2018 Oct 1, 2017 2016 $ 19,690.3 $ 2,652.2 2,377.0 24,719.5 10,174.5 7,193.2 539.3 1,247.0 17,650.7 $ 2,355.0 2,381.1 22,386.8 9,034.3 6,493.3 500.3 1,011.4 1,450.7 153.5 18,643.5 391.4 16,844.1 2,154.2 2,317.6 21,315.9 8,509.0 6,064.3 499.2 980.8 1,408.9 1,759.0 224.4 Fiscal Year Ended Net revenues: Company-operated stores Licensed stores Other Total net revenues Cost of sales including occupancy costs Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring and impairments Total operating expenses Income from equity investees Operating income Gain resulting from acquisition of joint venture Net gain resulting from divestiture of certain operations Interest income and other, net Interest expense Earnings before income taxes Income tax expense Net earnings including noncontrolling interests Net earnings/(loss) attributable to noncontrolling interests Net earnings attributable to Starbucks Earnings per share basic Earnings per share diluted Weighted average shares outstanding: Basic Diluted 17,462.2 318.2 4,171.9 4,134.7 21,137.4 301.2 3,883.3 1,376.4 499.2 191.4 (170.3) 5,780.0 1,262.0 4,518.0 (0.3) 4,518.3 $ 3.27 $ 3.24 $ 93.5 181.8 (92.5) 4,317.5 1,432.6 2,884.9 0.2 2,884.7 $ 1.99 $ 1.97 $ 5.4 102.6 (81.3) 4,198.6 1,379.7 2,818.9 1.2 $ $ 2,817.7 1.91 1.90 $ 1,449.5 1,382.7 1,394.6 1,471.6 1,486.7 1,461.5Step by Step Solution
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