STARBUCK FINANCIAL ANALYSIS

Starbuck Financial Analysis

Starbuck Financial Analysis

Starbucks Corporation (Starbucks) offers specialty coffee through its retail chains. It is engaged in purchasing, roasting and marketing whole bean coffees. Starbucks also sells Italian-style espresso beverages, cold blended beverages, fresh, rich-brewed coffees. It also sells a variety of pastries and confections, coffee-related accessories and equipment, a selection of wide range of premium teas and a line of compact discs through its retail stores. The company also sells coffee and tea products and licenses its trademark through other channels. (Berfield, 2009)

Global Markets Direct, the leading business information provider, presents an in-depth business, strategic and financial analysis of Starbucks Corporation. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis and Global Markets Direct's views on the company. The company's strengths and weaknesses and areas of development or decline are analyzed. Financial, strategic and operational factors are considered. The opportunities open to the company are considered and its growth potential assessed. Competitive or technological threats are highlighted.

It provides detailed financial ratios for the past five years as well as interim ratios for the last four quarters. Financial ratios include profitability, margins and returns, liquidity and leverage, financial position and efficiency ratios. Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its fiscal second quarter ended March 30, 2008 and provided updated information about its revenue expectations for fiscal 2008, expanding on the preliminary results announced by the company on April 23, 2008. The company also announced its financial targets for the three-year period of fiscal year 2009 through fiscal year 2011. (Berfield, 2009)

Consolidated net revenues increased 12 percent to $2.5 billion for the second quarter of 2008, compared to $2.3 billion for the second quarter of 2007. For the 13-week period ended March 30, 2008, net earnings totaled $108.7 million versus $150.8 million for the same period a year ago, a decline of 28 percent. Earnings per share (EPS) for the quarter was $0.15, down 21 percent from the $0.19 per share earned in the prior year period. The company estimates that costs associated with the implementation of its transformation agenda and charges related to the rationalization of its store portfolio negatively impacted EPS by approximately $0.03 per share. (Allison, Melissa 2009)

"Fiscal 2008 is a transitional year for Starbucks and, while our financial results ...