8-KEarnings & ResultsOther EventsExhibits & Filings

STARBUCKS CORP 8-K Report, Financial Results (Jul 21, 2010)

Filed July 21, 2010For Securities:SBUX

Summary

Starbucks Corporation (SBUX) filed an 8-K report on July 21, 2010, detailing its financial results for the quarter ended June 27, 2010, and announcing a shareholder dividend. The report primarily serves to furnish the press releases associated with these announcements. For investors, the key takeaway from this filing is the declaration of a cash dividend, signaling a return of capital to shareholders. While the specific financial performance details for the quarter are referenced via an attached earnings release, this 8-K itself focuses on the dividend action and the official notification of the results. Investors should refer to the referenced Exhibit 99.1 for a comprehensive understanding of the company's operational and financial performance during the reported period.

Key Highlights

  • 1Starbucks announced its financial results for the quarter ended June 27, 2010, via a press release filed as Exhibit 99.1.
  • 2The company's Board of Directors approved a cash dividend of $0.13 per share.
  • 3The dividend payment date is scheduled for August 20, 2010.
  • 4Shareholders of record as of the close of business on August 4, 2010, will be eligible to receive the dividend.
  • 5This 8-K filing serves as official notification of these events, with detailed financial performance available in the accompanying earnings release.
  • 6Troy Alstead, Executive Vice President, Chief Financial Officer and Chief Administrative Officer, signed the report on behalf of Starbucks.

Frequently Asked Questions

This 8-K filing reports two main events: the announcement of Starbucks' financial results for the fiscal quarter ended June 27, 2010, and the declaration of a cash dividend of $0.13 per share for its shareholders.

The cash dividend of $0.13 per share is scheduled to be paid on August 20, 2010. Shareholders who are on record as of the close of business on August 4, 2010, will be entitled to receive this dividend.

The detailed financial results for the quarter ended June 27, 2010, are provided in the earnings release filed as Exhibit 99.1 to this 8-K filing. Investors should refer to that document for comprehensive financial performance information.