Orin Smith
Orin Smith
Orin C. Smithwas President and Chief Executive Officer of Starbucks Corporation from 2000 to 2005. He joined Starbucks as Vice President and Chief Financial Officer in 1990, became President and Chief Operating Officer in 1994, and became a director of Starbucks in 1996. Prior to joining Starbucks, Mr. Smith spent most of his career in management consulting with Deloitte & Touche. Mr. Smith is a director of Nike, Inc. and The Walt Disney Company. He was elected Independent Lead Director...
achieve aggressive expanding financial fiscal global goals growth including level ongoing operations performance positions pursue results starbucks store strength strong
Our third-quarter financial results demonstrate the ongoing strength of our business, ... Starbucks operations are functioning at a more sophisticated level than ever before. Our consistently strong performance positions us well to achieve our aggressive fiscal 2005 goals -- including an acceleration of store growth as we pursue the Company's expanding global opportunity.
appealing delivered execution holiday increased level product season since store successful
through a combination of increased transactions, exceptional store level execution and an appealing product mix, we delivered our most successful holiday season since 1994.
announced areas believe both businesses combined company core delivered financial future innovation operations platform powerful provide recently retail second specialty strong throughout
During the second quarter, all areas of our business, from our retail operations both domestically and internationally, to our specialty businesses delivered strong financial performance, ... Additionally, innovation was prevalent throughout the company and we believe recently announced initiatives combined with our core retail business provide a powerful platform for future growth.
achieve earnings extremely fiscal growth per pleased share strong target track
We are extremely pleased with our strong second-quarter results. We are on track to achieve our fiscal 2001 split-adjusted earnings per share target of $0.46 and are as enthusiastic as ever about the company's long-term growth potential.
believe global including number points power size starbucks
I believe that we have dramatically underestimated the size of the global market, including the number of points of distribution and the power of the Starbucks brand,