Starbucks Corporation's consolidated net revenues increased by 13 percent to $4.8 billion during the 13-week period that ended December 28, 2014, according to a press release the company issued in January 2015. Starbucks reported that its global comparable store sales increased by 5 percent during that time period, with a 2 percent increase in traffic through its stores.Continue Reading
At the end of the last fiscal quarter of 2014, Starbucks reported that its consolidated operating income reached $915.5 million, which is a record for the company. From the previous year, customer store transactions increased by 9 million in the United States and 12 million globally.
In the first quarter of 2014, Starbucks opened 512 new stores and its first Starbucks Reserve Roastery and Tasting Room and plans to launch 100 more of these specialty stores in the future. Other achievements include the loading of $1.6 billion by customers onto Starbucks Cards, which is 17 percent more than the previous year during the same quarter.
Starbucks is wildly successful in the United States and elsewhere. Net revenues for the company's China/Asia Pacific segment grew by 86 percent during the reported period to $495.8 million. The company opened 767 new stores in the region during the time period and acquired Starbucks Japan.Learn more about Corporations