829224--11/22/2010--STARBUCKS

related topics

{condition, economic, financial}

{acquisition, growth, future}

{system, service, information}

{product, market, service}

{competitive, industry, competition}

{operation, natural, condition}

{personnel, key, retain}

{financial, litigation, operation}

{stock, price, operating}

{regulation, change, law}

{property, intellectual, protect}

Our financial condition and results of operations are sensitive to, and may be adversely affected by, a number of factors, many of which are largely outside our control. Economic conditions in the US and certain International markets could adversely affect our business and financial results. We may not be successful in implementing important strategic initiatives, which may have an adverse impact on our business and financial results. We face intense competition in each of our channels and markets, which could lead to reduced profitability. We are highly dependent on the financial performance of our US operating segment. We are increasingly dependent on the success of our International operating segment in order to achieve our growth targets. Increases in the cost of high-quality arabica coffee beans or other commodities or decreases in the availability of high quality arabica coffee beans or other commodities could have an adverse impact on our business and financial results. Failure to meet market expectations for our financial performance will likely adversely affect the market price and volatility of our stock. A regional or global health pandemic could severely affect our business. Our success depends substantially on the value of our brands. Our business depends in large part on the success of our business partners and suppliers, and our brand and reputation may be harmed by actions taken by third parties that are outside of our control. The loss of key personnel or difficulties recruiting and retaining qualified personnel could adversely impact our business and financial results. Adverse public or medical opinions about the health effects of consuming our products, as well as reports of incidents involving food-borne illnesses or food tampering, whether or not accurate, could harm our business. Effectively managing growth is challenging and places significant strain on our management and employees and our operational, financial, and other resources. If we pursue strategic acquisitions, divestitures or joint ventures, we may not be able to successfully consummate favorable transactions or successfully integrate acquired businesses. We rely heavily on information technology in our operations, and any material failure, inadequacy, interruption or security failure of that technology could harm our ability to effectively operate our business. Failure to comply with applicable laws and regulations could harm our business and financial results. Deterioration in operating performance could lead to increased leverage, which may harm our financial condition and results of operations.

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829224--11/22/2010--STARBUCKS_CORP