Starbucks China has grown by more than 20% compared with same-store sales for seven consecutive quarters.
On April 27, Beijing time, Starbucks released its Q2 quarterly results for fiscal 2012: revenue increased 15% year-on-year to US $3.2 billion, net profit increased 18% to 309.9 million, and plans to open 1000 new stores around the world. the following is the company's operations in China / Asia-Pacific:
1. Revenue from China / Asia-Pacific region increased by 32% year-on-year to US $174.6 million, which was higher than the global average revenue growth rate of 15%, including US $117.5 million from direct stores and US $57.1 million from franchisees.
2. China / Asia-Pacific operating profit margin is 39.8%, which is higher than the global average operating profit margin of 13.5%.
3. Comparable same-store sales (Comparable Store Sales) in China has grown by more than 20% for seven consecutive quarters, while the total growth rate of China / Asia-Pacific region is 19%, which is much higher than the global average growth rate of 8%.
4. 83 new stores have been added in China / Asia-Pacific region and 176new stores have been opened worldwide, with a total of more than 3000 stores in China / Asia-Pacific region in that quarter.
5. It is planned to accelerate store opening in China / Asia-Pacific region in the 2012 fiscal year ending September 2012, with about 400 new stores being opened, of which 2jump 3 is planned to be franchise stores, of which the planned number of stores in China will reach about 200.
(I Ricky collation of US stocks)
(responsible Editor: Leo)
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
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