Earnings Per Share

9 Months Ended

Jul. 02, 2023

Earnings per Share

Calculation of net earnings per common share (“EPS”) — basic and diluted (in millions, except EPS):


	Quarter Ended				Three Quarters Ended
	Jul 2, 2023		Jul 3, 2022		Jul 2, 2023		Jul 3, 2022
Net earnings attributable to Starbucks	$	1,141.7	$	912.9	$	2,905.2	$	2,403.3
Weighted average common shares outstanding (for basic calculation)	1,145.9		1,147.0		1,147.6		1,155.3
Dilutive effect of outstanding common stock options and RSUs	4.6		4.0		4.4		5.2
Weighted average common and common equivalent shares outstanding (for diluted calculation)	1,150.5		1,151.0		1,152.0		1,160.5
EPS — basic	$	1.00	$	0.80	$	2.53	$	2.08
EPS — diluted	$	0.99	$	0.79	$	2.52	$	2.07

Potential dilutive shares consist of the incremental common shares issuable upon the exercise of outstanding stock options (both vested and non-vested) and unvested RSUs, calculated using the treasury stock method. The calculation of dilutive shares outstanding excludes anti-dilutive stock options or unvested RSUs, which were immaterial in the periods presented.