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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Total net revenues $ 9,113.9 $ 9,168.3 $ 27,102.3 $ 26,602.0
Product and distribution costs 2,740.9 2,864.2 8,370.2 8,476.1
Store operating expenses 3,829.1 3,697.6 11,404.7 10,998.9
Other operating expenses 143.9 138.7 427.1 394.1
Depreciation and amortization expenses 380.4 342.2 1,117.6 1,011.2
General and administrative expenses 576.0 604.3 1,878.6 1,805.6
Restructuring and impairments 0.0 7.1 0.0 21.8
Total operating expenses 7,670.3 7,654.1 23,198.2 22,707.7
Income (Loss) from Equity Method Investments 73.9 69.7 197.8 179.0
Gain (Loss) on Disposition of Assets 0.0 0.0 0.0 91.3
Operating income/(loss) 1,517.5 1,583.9 4,101.9 4,164.6
Interest income and other, net 28.1 21.3 96.0 51.1
Interest expense (141.3) (140.9) (422.0) (406.9)
Earnings before income taxes 1,404.3 1,464.3 3,775.9 3,808.8
Income tax expense 348.6 322.4 923.2 903.4
Net earnings including noncontrolling interests 1,055.7 1,141.9 2,852.7 2,905.4
Net earnings attributable to noncontrolling interests 0.9 0.2 1.0 0.2
Net earnings attributable to Starbucks $ 1,054.8 $ 1,141.7 $ 2,851.7 $ 2,905.2
EPS — basic $ 0.93 $ 1.00 $ 2.51 $ 2.53
EPS — diluted $ 0.93 $ 0.99 $ 2.51 $ 2.52
Weighted average shares outstanding:        
Basic 1,132.8 1,145.9 1,133.9 1,147.6
Diluted 1,135.8 1,150.5 1,137.3 1,152.0
Company-operated stores [Member]        
Total net revenues $ 7,516.0 $ 7,556.7 $ 22,323.8 $ 21,782.4
Licensed stores [Member]        
Total net revenues 1,129.0 1,136.2 3,375.7 3,325.2
Product and Service, Other [Member]        
Total net revenues $ 468.9 $ 475.4 $ 1,402.8 $ 1,494.4