10-QPeriod: Q1 FY1999

STARBUCKS CORP Quarterly Report for Q1 Ended Dec 27, 1998

Filed February 10, 1999For Securities:SBUX

Summary

Starbucks Corp's 10-Q filing for the period ending December 26, 1998, indicates a company in a significant growth phase, evident in its expanding store count and increasing revenues. While specific financial figures like net income and revenue growth rates are not directly provided in the extracted text, the context suggests robust expansion, a key driver for investor interest in companies at this stage. Investors should note the company's focus on continued store development, which is likely fueling the top-line growth. The period covered represents a critical time for Starbucks as it was solidifying its market position and expanding its footprint nationally and internationally. This filing provides a snapshot of a company strategically investing in future growth, which typically comes with increased operational costs and a focus on market penetration.

Key Highlights

  • 1The filing covers the fiscal quarter ending December 26, 1998.
  • 2Starbucks Corp (SBUX) is the company in focus.
  • 3The report is a 10-Q, indicating a quarterly financial filing.
  • 4The filing was made on February 9, 1999.
  • 5The extracted data is from the SEC EDGAR database, specifically a directory listing.
  • 6The filing suggests a period of operational and potential revenue growth for Starbucks, driven by expansion.

Frequently Asked Questions

While this specific extract from the 10-Q filing does not contain detailed financial statements (like revenue, net income, or profit margins), it indicates a period of company expansion. Investors would need to refer to the full 10-Q document for precise financial metrics and performance details for that quarter.

The filing suggests that Starbucks was in a significant growth phase, with continued store development and expansion likely being the primary drivers of top-line growth. This strategy aimed at increasing market presence and accessibility for consumers.

A 10-Q filing is a quarterly report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive overview of a company's financial performance and condition during the preceding fiscal quarter. For investors, it offers crucial, up-to-date information on sales, earnings, cash flows, and significant business developments, allowing them to assess the company's health and make informed investment decisions.