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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: JULY 9, 1998
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STARBUCKS CORPORATION
(Exact name of registrant as specified in its charter)
WASHINGTON 0-20322 91-1325671
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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2401 UTAH AVENUE SOUTH
SEATTLE, WASHINGTON 98134
(Address of principal executive offices, including zip code, of Registrants)
(206) 447-1575
(Registrants' telephone number, including area code)
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ITEM 5. OTHER EVENTS
On May 28, 1998, Starbucks Corporation ("Starbucks" or the "Company")
completed the acquisition of all of the equity interests of Seattle Coffee
Holdings Limited ("Seattle Coffee") in a transaction accounted for as a pooling
of interests. This Current Report on Form 8-K contains audited supplemental
consolidated financial statements as of September 28, 1997 and September 29,
1996, and for each of the three years in the period ended September 28, 1997,
which have been restated as if Starbucks and Seattle Coffee had been combined
for all periods presented. This Current Report on Form 8-K also contains
unaudited supplemental consolidated financial statements for the first and
second fiscal quarters of 1998 (the periods ending December 28, 1997and March
29, 1998, respectively), which have also been restated as if Starbucks and
Seattle Coffee had been combined for such periods.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a)Financial Statements.
The following supplemental consolidated financial statements of
Starbucks and its wholly owned subsidiaries, including Seattle Coffee, prepared
under the pooling of interests method of accounting are filed as part of this
Report:
Financial Statements for Fiscal Year 1997
Independent Auditors' Report
Supplemental Consolidated Balance Sheets at September 28, 1997 and
September 29, 1996
Supplemental Consolidated Statements of Earnings for the Years Ended September
28, 1997, September 29, 1996 and October 1, 1995
Supplemental Consolidated Statements of Cash Flows for the Years Ended September
28, 1997, September 29, 1996 and October 1, 1995
Supplemental Consolidated Statements of Shareholders' Equity for the Years Ended
September 28, 1997, September 29, 1996 and October 1, 1995
Notes to Supplemental Consolidated Financial Statements for the Years Ended
September 28, 1997, September 29, 1996 and October 1, 1995
Financial Statements for the First Fiscal Quarter of 1998
Supplemental Consolidated Statements of Earnings for the 13 weeks Ended
December 28, 1997 and December 29, 1996
Supplemental Consolidated Balance Sheets at December 28, 1997 and
September 28, 1997
Supplemental Consolidated Statements of Cash Flows for the 13 weeks Ended
December 28, 1997 and December 29, 1996
Notes to Supplemental Quarterly Consolidated Financial Statements for the 13
Weeks Ended December 28, 1997 and December 29, 1996
Financial Statements for the Second Fiscal Quarter of 1998 Supplemental
Consolidated Statements of Earnings for the 13 and 26 weeks Ended
March 29, 1998 and March 30, 1997
Supplemental Consolidated Balance Sheets at March 29, 1998 and
September 28, 1997
Supplemental Consolidated Statements of Cash Flows for the 26 weeks Ended March
29, 1998 and March 30, 1997
Notes to Supplemental Quarterly Consolidated Financial Statements for the 13 and
26 Weeks Ended March 29, 1998 and March 30, 1997
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(c)Exhibits.
Exhibit No. Description
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23 Consent of Deloitte & Touche LLP
27 Financial Data Schedules
99 Supplemental Consolidated Financial Statements
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Starbucks Corporation
(Registrant)
Dated: July 8, 1998 /s/ Michael Casey
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By: Michael Casey
executive vice president,
chief financial officer
and chief administrative
officer
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EXHIBIT INDEX
Exhibit No. Description Page No.
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23 Consent of Deloitte & Touche 6
27 Financial Data Schedules 7
99 Supplemental Consolidated Financial Statements F-1-F-32
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