Question: In this information, how was the 2.95 EPS amount for 2019 calculated? Fiscal Year Ended Net revenues: Company-operated stores Licensed stores Other Total net revenues
In this information, how was the 2.95 EPS amount for 2019 calculated?

Fiscal Year Ended Net revenues: Company-operated stores Licensed stores Other Total net revenues Cost of sales Store operating expenses Other operating expenses Depreciation and amortization expenses General and administrative expenses Restructuring and impairments Total operating expenses Income from equity investees Operating income Gain resulting from acquisition of joint venture Net gain resulting from divestiture of certain operations Interest income and other, net Interest expense Earnings before income taxes Income tax expense Net earnings including noncontrolling interests Net earnings/(loss) attributable to noncontrolling interests Net earnings attributable to Starbucks Earnings per share - basic Earnings per share - diluted Weighted average shares outstanding: Basic Diluted $ $ $ $ Sep 29, 2019 21,544.4 $ 2,875.0 2,089.2 26,508.6 8,526.9 10,493.6 371.0 1,377.3 1,824.1 135.8 22,728.7 298.0 4,077.9 622.8 96.5 (331.0) 4,466.2 871.6 3,594.6 (4.6) 3.599.2 $ 2.95 $ 2.92 $ 1,221.2 1,233.2 Sep 30, 2018 19,690.3 $ 2,652.2 2,377.0 24,719.5 7,930.7 9,472.2 554.9 1,247.0 1,708.2 224.4 21,137.4 301.2 3,883.3 1,376.4 499.2 191.4 (170.3) 5,780.0 1,262.0 4,518.0 (0.3) 4.518.3 $ 3.27 $ 3.24 $ 1,382.7 1,394.6 Oct 1, 2017 17,650.7 2,355.0 2,381.1 22,386.8 7,065.8 8,486.4 518.0 1,011.4 1,408.4 153.5 18,643.5 391.4 4,134.7 93.5 181.8 (92.5) 4,317.5 1,432.6 2,884.9 0.2 2,884.7 1.99 1.97 1,449.5 1,461.5
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
