1、Fiscal 2003 Annual Report 13CAUTIONARY STATEMENT PURSUANT TO THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995Certain statements herein,including anticipated store openings,comparable store sales expectations,trends in or expectations regarding Starbucks Corporations revenue growth,operating expe
2、nses,capital expenditures,effective tax rate and net earnings and earnings per share results,all constitute“forward-looking statements”within the meaning of the Private Securities Litigation Reform Act of 1995.Such statements are based on currently available operating,financial and competitive infor
3、mation and are subject to various risks and uncertainties.Actual future results and trends may differ materially depending on a variety of factors,including,but not limited to,coffee,dairy and other raw materials prices and availability,successful execution of internal performance and expansion plan
4、s,fluctuations in United States and international economies,ramifications from the war on terrorism,or other international events or developments,the impact of competitors initiatives,the effect of legal proceedings,and other risks detailed herein and in Starbucks Corporations other filings with the
5、 Securities and Exchange Commission.A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances,and those future events or circumstances may not occur.Users should not place undue reliance on the forward-looking statements,which speak only as of the date of
6、this report.The Company is under no obligation to update or alter any forward-looking statements,whether as a result of new information,future events or otherwise.BUSINESSStarbucks Corporation,which was formed in 1985 as a Washington corporation,(together with its subsidiaries,“Starbucks”or the“Comp