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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Apr. 02, 2023
Apr. 03, 2022
Apr. 02, 2023
Apr. 03, 2022
Total net revenues $ 8,719.8 $ 7,635.6 $ 17,433.8 $ 15,686.0
Product and distribution costs 2,801.7 2,465.8 5,611.9 4,992.7
Store operating expenses 3,636.0 3,314.7 7,301.3 6,714.6
Other operating expenses 126.2 101.7 255.4 203.4
Depreciation and amortization expenses 341.9 367.7 669.0 733.8
General and administrative expenses 620.4 481.5 1,201.3 1,007.3
Restructuring and impairments 8.8 4.4 14.7 (3.1)
Total operating expenses 7,535.0 6,735.8 15,053.6 13,648.7
Income (Loss) from Equity Method Investments 51.4 49.1 109.2 89.4
Gain on sale of assets 91.3 0.0 91.3 0.0
Operating income 1,327.5 948.9 2,580.7 2,126.7
Interest income and other, net 18.4 46.3 30.0 46.2
Interest expense (136.3) (119.1) (266.0) (234.4)
Earnings before income taxes 1,209.6 876.1 2,344.7 1,938.5
Income tax expense 301.3 201.1 581.1 447.4
Net earnings including noncontrolling interests 908.3 675.0 1,763.6 1,491.1
Net earnings attributable to noncontrolling interests 0.0 0.5 0.0 0.7
Net earnings attributable to Starbucks $ 908.3 $ 674.5 $ 1,763.6 $ 1,490.4
EPS — basic $ 0.79 $ 0.59 $ 1.54 $ 1.29
EPS — diluted $ 0.79 $ 0.58 $ 1.53 $ 1.28
Weighted average shares outstanding:        
Basic 1,148.5 1,149.2 1,148.4 1,159.4
Diluted 1,152.7 1,153.9 1,152.8 1,165.2
Company-operated stores [Member]        
Total net revenues $ 7,142.3 $ 6,276.7 $ 14,225.7 $ 12,999.1
Licensed stores [Member]        
Total net revenues 1,069.5 849.5 2,189.0 1,700.3
Product and Service, Other [Member]        
Total net revenues $ 508.0 $ 509.4 $ 1,019.1 $ 986.6