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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Total net revenues $ 9,168.3 $ 8,150.1 $ 26,602.0 $ 23,836.1
Product and distribution costs 2,864.2 2,613.6 8,476.1 7,606.4
Store operating expenses 3,697.6 3,302.5 10,998.9 10,017.1
Other operating expenses 138.7 135.1 394.1 338.4
Depreciation and amortization expenses 342.2 356.8 1,011.2 1,090.5
General and administrative expenses 604.3 486.7 1,805.6 1,494.0
Restructuring and impairments 7.1 14.0 21.8 10.9
Total operating expenses 7,654.1 6,908.7 22,707.7 20,557.3
Income (Loss) from Equity Method Investments 69.7 54.1 179.0 143.5
Gain on sale of assets 0.0 0.0 91.3 0.0
Operating income/(loss) 1,583.9 1,295.5 4,164.6 3,422.3
Interest income and other, net 21.3 19.8 51.1 66.0
Interest expense (140.9) (123.1) (406.9) (357.6)
Earnings before income taxes 1,464.3 1,192.2 3,808.8 3,130.7
Income tax expense 322.4 278.5 903.4 725.9
Net earnings including noncontrolling interests 1,141.9 913.7 2,905.4 2,404.8
Net earnings attributable to noncontrolling interests 0.2 0.8 0.2 1.5
Net earnings attributable to Starbucks $ 1,141.7 $ 912.9 $ 2,905.2 $ 2,403.3
EPS — basic $ 1.00 $ 0.80 $ 2.53 $ 2.08
EPS — diluted $ 0.99 $ 0.79 $ 2.52 $ 2.07
Weighted average shares outstanding:        
Basic 1,145.9 1,147.0 1,147.6 1,155.3
Diluted 1,150.5 1,151.0 1,152.0 1,160.5
Company-operated stores [Member]        
Total net revenues $ 7,556.7 $ 6,675.5 $ 21,782.4 $ 19,674.7
Licensed stores [Member]        
Total net revenues 1,136.2 956.8 3,325.2 2,657.0
Product and Service, Other [Member]        
Total net revenues $ 475.4 $ 517.8 $ 1,494.4 $ 1,504.4