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Analysis of Revenues
Advanced level
Accounting Policy on Revenue Recognition
Consolidated revenues are presented net of intercompany eliminations for wholly-owned subsidiaries and investees controlled by Starbucks and for product sales to and royalty and other fees from licensees accounted for under the equity method. Additionally, consolidated revenues are recognized net of any discounts, returns, allowances and sales incentives, including coupon redemptions and rebates.
Source: 10-K (filing date: 2019-11-15).
Revenues as Reported
Starbucks Corp., Income Statement, Revenues
US$ in thousands
| 12 months ended | Sep 29, 2019 | Sep 30, 2018 | Oct 1, 2017 | Oct 2, 2016 | Sep 27, 2015 | Sep 28, 2014 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beverage | |||||||||||||
| Food | |||||||||||||
| Packaged and single-serve coffees and teas | |||||||||||||
| Other | |||||||||||||
| Net revenues |
Based on: 10-K (filing date: 2019-11-15), 10-K (filing date: 2018-11-16), 10-K (filing date: 2017-11-17), 10-K (filing date: 2016-11-18), 10-K (filing date: 2015-11-12), 10-K (filing date: 2014-11-14).
| Item | Description | The company |
|---|---|---|
| Net revenues | Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). | Starbucks Corp.’s net revenues increased from 2017 to 2018 and from 2018 to 2019. |