Exhibit 99.1

Starbucks Reports Q4 and Full Year Fiscal 2018 Results
Q4 Consolidated Net Revenues Up 11% to Record $6.3 Billion
Q4 Comparable Store Sales Up 3% Globally Driven by 4% Growth in the U.S.
China Comparable Store Sales Up 1% in Q4, Improved from -2% Reported in Q3
GAAP EPS of $0.56; Non-GAAP EPS of $0.62, Up 13% Year-Over-Year
Active Starbucks RewardsTM Membership in the U.S. Increases 15% Year-Over-Year to 15.3 Million
Returned $8.9 Billion to Shareholders in Fiscal Year 2018, Consistent with Our 3-Year Target to Return $25 Billion

SEATTLE; November 1, 2018 – Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal fourth quarter and 52-week year ended September 30, 2018. GAAP results in fiscal 2018 and fiscal 2017 include items which are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.

Q4 Fiscal 2018 Highlights
Global comparable store sales increased 3%, driven by a 4% increase in average ticket
Americas and U.S. comparable store sales increased 4%
CAP and China comparable store sales increased 1%
Consolidated net revenues of $6.3 billion, up 11% over the prior year
Adjusted for an approximately 2% net benefit from streamline-driven activities, and approximately 1% headwind from unfavorable foreign currency translation, consolidated net revenues grew 9% over the prior year
Streamline-driven activities include the consolidation of the acquired East China business, partially offset by licensing our CPG and foodservice businesses to Nestlé following the close of the deal on August 26, 2018, Teavana mall store closures, and the conversion of certain international retail operations from company-owned to licensed models
GAAP operating margin, inclusive of restructuring and impairment charges, declined 270 basis points year-over-year to 15.2%
Non-GAAP operating margin of 18.1% declined 190 basis points compared to the prior year
GAAP Earnings Per Share of $0.56, up 4% over the prior year
Non-GAAP EPS of $0.62, up 13% over the prior year
Starbucks RewardsTM loyalty program grew to 15.3 million active members in the U.S., up 15% year-over-year
Mobile Order and Pay represented 14% of U.S. company-operated transactions
The company opened 604 net new stores in Q4 and now operates 29,324 stores across 78 markets
The company returned $3.6 billion to shareholders through a combination of dividends and share repurchases

Fiscal Year 2018 Highlights
Global comparable store sales increased 2%, driven by a 3% increase in average ticket
Americas and U.S. comparable store sales increased 2%
CAP comparable store sales increased 1%
China comparable store sales increased 2%
Consolidated net revenues of $24.7 billion, up 10% over the prior year
Adjusted for an approximately 2% net benefit from streamline-driven activities, and approximately 1% benefit from favorable foreign currency translation, consolidated net revenues grew 8% over the prior year
Streamline-driven activities include the consolidation of the acquired East China business, partially offset by Teavana mall store closures, the conversion of certain international retail operations from company-owned to licensed models, licensing our CPG and foodservice businesses to Nestlé following the close of the deal on August 26, 2018, and the sale of our Tazo brand in Q1 FY18
GAAP operating margin, inclusive of restructuring and impairment charges, declined 280 basis points year-over-year to 15.7%
Non-GAAP operating margin of 18.0% declined 170 basis points compared to the prior year

- more -

The following information was filed by Starbucks Corp (SBUX) on Thursday, November 1, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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