STARBUCKS CORP
For the period ended Dec 29, 2024. Filed Jan 28, 2025.
View on SEC.govAbout 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.
Dec 29, 2024 · Filed Jan 28, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Segment Reporting
Note 15: Segment Reporting
Segment information is prepared on the same basis that our chief executive officer, who is our Chief Operating Decision Maker, manages the segments, evaluates financial results, and makes key operating decisions.
Consolidated revenue mix by product type (in millions):
| Quarter Ended | ||||
|---|---|---|---|---|
| Dec 29, 2024 · Dec 31, 2023 | ||||
| Beverage(1) | $5,678.0 | 60% | $5,695.9 | 60% |
| Food(2) | 1,790.4 | 19% | 1,757.1 | 19% |
| Other(3) | 1,929.4 | 21% | 1,972.3 | 21% |
| Total | $9,397.8 | 100% | $9,425.3 | 100% |
(1)“Beverage” represents sales within our company-operated stores.
(2)“Food” includes sales within our company-operated stores.
(3)“Other” primarily consists of packaged and single-serve coffees and teas, royalty and licensing revenues, beverage-related ingredients, and serveware, among other items.
The tables below present financial information for our reportable operating segments and Corporate and Other(in millions):
Quarter Ended
| North America | International | Channel Development | Corporate and Other | Total | |
|---|---|---|---|---|---|
| Total net revenues | $7,071.9 | $1,871.3 | $436.3 | $18.3 | $9,397.8 |
| Depreciation and amortization expenses | 289.0 | 89.1 | 0.0 | 29.5 | 407.6 |
| Income/(loss) from equity investees | — | (0.4) | 46.9 | — | 46.5 |
| Operating income/(loss) | $1,181.3 | $237.1 | $208.0 | $(504.7) | $1,121.7 |
| Total net revenues | $7,120.7 | $1,846.3 | $448.0 | $10.3 | $9,425.3 |
| Depreciation and amortization expenses | 250.4 | 84.1 | — | 30.8 | 365.3 |
| Income/(loss) from equity investees | — | 0.2 | 55.7 | — | 55.9 |
| Operating income/(loss) | $1,520.8 | $241.5 | $209.7 | $(486.6) | $1,485.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.