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Complete a financial analysis of Starbucks and two of its competitors, to include a three year ratio analysis of Starbucks and current year (2011) analysis of the two competitors and recommendations based on the financial analysis. Starbucks SEC financial statements 2009-2011 are attached to this assignment

12 Months Ended Oct. 02, 2011Oct. 03, 2010 Consolidated Statements Of Earnings (USD $) In Millions, except Per Share data Net revenues: Company-operated stores Licensed stores CPG, foodservice and other Total net revenues Cost of sales including occupancy costs Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring charges Total operating expenses Gain on sale of properties Income from equity investees Operating income Interest income and other, net Interest expense Earnings before income taxes Income taxes Net earnings including noncontrolling interests Net earnings (loss) attributable to noncontrolling interests Net earnings attributable to Starbucks Earnings per share basic Earnings per share diluted Weighted average shares outstanding: Basic Sep. 27, 2009 $ 9,632.4 $ 8,963.5 $8,180.1 1,007.50 1,060.50 11,700.40 4,949.30 3,665.10 402 523.3 636.1 0 10,175.80 30.2 173.7 1,728.50 115.9 33.3 1,811.10 563.1 1,248 875.2 868.7 10,707.40 4,458.60 3,551.40 293.2 510.4 569.5 795 799.5 9,774.60 4,324.90 3,425.10 264.4 534.7 453 332.4 9,334.50 0 121.9 562 9,436.10 0 1,419.40 32.7 1,437 488.7 948.3 39.1 59.9 168.4 391.5 $1,245.7 $1.66 $1.62 $945.6 $1.27 $390.8 $0.53 $0.52 748.3 769.7 744.4 764.2 738.7 745.9 Diluted Cash dividends declared per share $0.56 $0.36 12 Months Ended Oct. 02, 2011Oct. 03, 2010 Consolidated Statements Of Earnings (USD $) In Millions, except Per Share data Net revenues: Company-operated stores Licensed stores CPG, foodservice and other Total net revenues Cost of sales including occupancy costs Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring charges Total operating expenses Gain on sale of properties Income from equity investees Operating income Interest income and other, net Interest expense Earnings before income taxes Income taxes Net earnings including noncontrolling interests Net earnings (loss) attributable to noncontrolling interests Net earnings attributable to Starbucks Earnings per share basic Earnings per share diluted Weighted average shares outstanding: Basic Sep. 27, 2009 $ 9,632.4 $ 8,963.5 $8,180.1 1,007.50 1,060.50 11,700.40 4,949.30 3,665.10 402 523.3 636.1 0 10,175.80 30.2 173.7 1,728.50 115.9 33.3 1,811.10 563.1 1,248 875.2 868.7 10,707.40 4,458.60 3,551.40 293.2 510.4 569.5 795 799.5 9,774.60 4,324.90 3,425.10 264.4 534.7 453 332.4 9,334.50 0 121.9 562 9,436.10 0 1,419.40 32.7 1,437 488.7 948.3 39.1 59.9 168.4 391.5 $1,245.7 $1.66 $1.62 $945.6 $1.27 $390.8 $0.53 $0.52 748.3 769.7 744.4 764.2 738.7 745.9 Diluted Cash dividends declared per share $0.56 $0.36

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