Starbucks Corp. on Wednesday reported a 34-percent increase in profit for the fourth quarter, saying traffic increased in all regions around the world. Same-store sales in the U.S. climbed 8 percent, including a 5-percent increase in transactions. Executives at the Seattle-based company said the quarter capped the best year in its 42-year history. Starbucks ended the fiscal year with 19,767 locations globally, including 13,493 in the Americas.

FOURTH QUARTER 2013

NET INCOME

Result: $481.1 million, or 63 cents per share
% Increase: 34% (from $359 million, or 46 cents per share)

REVENUE

Result: $3.8 billion
% Increase: 13% (from $3.4 billion)

SAME-STORE SALES

% Increase systemwide: 7%


% Increase Americas: 8%


% Increase Europe/Middle East/Africa: 2%


% Increase China/Asia Pacific: 8%


Source: Company report

 

FULL FISCAL YEAR 2013

NET INCOME

Result: $1.7 billion, or $2.26 per share
% Increase: 24% (from $1.4 billion, or $1.79 per share)

REVENUE

Result: $14.9 billion
% Increase: 12% (from $13.3 billion)

SAME-STORE SALES

% Increase systemwide: 7%


% Increase Americas: 7%


% Increase Europe/Middle East/Africa: Flat


% Increase China/Asia Pacific: 9%


Source: Company report

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Contact Lisa Jennings at lisa.jennings@penton.com.
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