Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the following: - Profit margin (net income / Net Sales (or net revenues). - Ratio Calculation - Result Interpretation STARBUCKS CORPORATION CONSOLIDATED STATEMENTS

image text in transcribed

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 1,461.5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Frontier Markets Evidence From Middle East North Africa And International Comparative Studies

Authors: Panagiotis Andrikopoulos , Greg N. Gregoriou , Vasileios Kallinterakis

1st Edition

0128092009,0128094915

More Books

Students also viewed these Finance questions