STARBUCKS CORP

For the period ended Mar 31, 2024. Filed Apr 30, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 30, 2024

SBUX$109.95+0.5%Stored close · as of Nov 10, 2026

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Contents

Supplemental Balance Sheet and Statement of Earnings Information

Note 6: Supplemental Balance Sheet and Statement of Earnings Information (in millions):

Property, Plant and Equipment, net

	Mar 31, 2024	Oct 1, 2023
Land	$46.1	$46.1
Buildings	671.8	666.5
Leasehold improvements	10,532.8	10,133.7
Store equipment	3,468.0	3,332.5
Roasting equipment	880.1	859.4
Furniture, fixtures and other	1,741.1	1,664.5
Work in progress	713.5	607.5
Property, plant and equipment, gross	18,053.4	17,310.2
Accumulated depreciation	(10,236.0)	(9,923.1)
Property, plant and equipment, net	$7,817.4	$7,387.1

Accrued Liabilities

	Mar 31, 2024	Oct 1, 2023
Accrued occupancy costs	$78.0	$86.7
Accrued dividends payable	645.5	651.2
Accrued capital and other operating expenditures	743.7	771.7
Insurance reserves	252.0	233.5
Income taxes payable	102.6	189.3
Accrued business taxes	194.2	212.7
Total accrued liabilities	$2,016.0	$2,145.1

Store Operating Expenses

	Quarter Ended		Two Quarters Ended
	Mar 31, 2024	Apr 2, 2023	Mar 31, 2024	Apr 2, 2023
Wages and benefits	$2,139.4	$2,174.3	$4,348.7	$4,389.9
Occupancy costs	741.3	703.4	1,487.0	1,374.9
Other expenses	843.4	758.3	1,739.9	1,536.5
Total store operating expenses	$3,724.1	$3,636.0	$7,575.6	$7,301.3

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.