XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Mar. 31, 2024
Apr. 02, 2023
Total net revenues $ 8,563.0 $ 8,719.8 $ 17,988.3 $ 17,433.8
Product and distribution costs 2,648.7 2,801.7 5,629.2 5,611.9
Store operating expenses 3,724.1 3,636.0 7,575.6 7,301.3
Other operating expenses 132.8 126.2 283.2 255.4
Depreciation and amortization expenses 371.9 341.9 737.2 669.0
General and administrative expenses 654.6 620.4 1,302.6 1,201.3
Restructuring and impairments 0.0 8.8 0.0 14.7
Total operating expenses 7,532.1 7,535.0 15,527.8 15,053.6
Income (Loss) from Equity Method Investments 68.0 51.4 123.8 109.2
Gain (Loss) on Disposition of Assets 0.0 91.3 0.0 91.3
Operating income/(loss) 1,098.9 1,327.5 2,584.3 2,580.7
Interest income and other, net 34.1 18.4 67.9 30.0
Interest expense (140.6) (136.3) (280.7) (266.0)
Earnings before income taxes 992.4 1,209.6 2,371.5 2,344.7
Income tax expense 219.9 301.3 574.6 581.1
Net earnings including noncontrolling interests 772.5 908.3 1,796.9 1,763.6
Net earnings attributable to noncontrolling interests 0.1 0.0 0.1 0.0
Net earnings attributable to Starbucks $ 772.4 $ 908.3 $ 1,796.8 $ 1,763.6
EPS — basic $ 0.68 $ 0.79 $ 1.58 $ 1.54
EPS — diluted $ 0.68 $ 0.79 $ 1.58 $ 1.53
Weighted average shares outstanding:        
Basic 1,132.4 1,148.5 1,134.5 1,148.4
Diluted 1,135.4 1,152.7 1,138.0 1,152.8
Company-operated stores [Member]        
Total net revenues $ 7,052.6 $ 7,142.3 $ 14,807.9 $ 14,225.7
Licensed stores [Member]        
Total net revenues 1,054.5 1,069.5 2,246.6 2,189.0
Product and Service, Other [Member]        
Total net revenues $ 455.9 $ 508.0 $ 933.8 $ 1,019.1