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This excerpt taken from the SBUX 10-K filed Dec 21, 2006. EXPLANATORY
NOTE
Starbucks Corporation is filing this Amendment No. 1 on
Form 10-K/A
(“Form 10-K/A”)
to its Annual Report on Form 10-K for the fiscal year ended
October 1, 2006 as filed with the Securities and Exchange
Commission on December 14, 2006 (the “Original
Filing”) solely to correct an administrative error in the
content of Item 7, “Management’s Discussion and
Analysis of Financial Condition and Results of Operations.” The
error appears in the first full paragraph on page 25 of the
Original Filing. In the third sentence of that paragraph the 7% increase
in comparable store sales growth in fiscal 2006 compared to
fiscal 2005 is attributed to a 5% increase in the average value
per transaction and a 2% increase in the number of customer
transactions. The correct explanation is as follows: “The
increase in comparable store sales was due to a 5% increase in
the number of customer transactions and a 2% increase in the
average value per transaction.”
This Amendment does not update any disclosures to reflect
developments since the filing date of the Original Filing.
In accordance with SEC
Rule 12b-15,
this
Form 10-K/A
sets forth the complete text of Item 7,
“Management’s Discussion and Analysis of Financial
Condition and Results of Operations”, as amended. However,
in order to reduce printing and mailing costs, for purposes of
providing the disclosure required under SEC rules in the
Company’s fiscal 2006 Annual Report to Shareholders (the
“Annual Report”), the Company intends to provide
shareholders (1) this
Form 10-K/A,
with only its explanatory note, signatures and certifications,
(but excluding the full Item 7 as amended), together with
(2) the Original Filing filed on December 14, 2006.
The complete
Form 10-K/A,
including the full Item 7 as amended, will be available at
the Company’s web site set forth below and on the
SEC’s web site at www.sec.gov, and will be provided without
charge upon written request to the following address:
Investor Relations
Starbucks Corporation
2401 Utah Avenue South, Mail Stop: FP1
Seattle, Washington
98134-1435
(206) 447-1575
x87118
investorrelations@starbucks.com
http://investor.starbucks.com
In addition, we have filed the following exhibits herewith:
Except as described above, no other changes have been made to
the Original Filing and this
Form 10-K/A
does not amend, update or change the financial statements or any
other items or disclosures in the Original Filing.
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