Starbucks Had a Blowout December 2017 Quarter With US GAAP Bottom Line Earnings of $2,250 Mil, Up 199%, or Up $1,498 Mil From the December 2016 Quarter Earnings of $752 Mil ...................................................................................... Other US Companies Should Study This Starbucks Earnings Release, Which is the Most Informative, Transparent, Well-Written One That I Have Seen ...................................................................................... Unlike So Many Other US Companies Showing Blowout December 2017 Quarter Earnings Due Primarily to the Trump Tax Bill Funded By US Taxpayers, Starbucks Got Its December 2017 Quarter Blowout Earnings ON THEIR OWN, Which is the Way US Capitalism is Supposed To Work ....................................................................................... Starbucks Dec 2017 Quarter Pretax Income Increase Was $1,873 Mil, With $1,326 Mil Of It Being a Gain From Acquiring the Other 50% It Didn't Previously Own of the Key East China Operations Including the Coveted Shanghai Market in Order To Gain Complete Control of It: US GAAP Properly Requires You To Record the Increase in the Value of Your Previous 50% Ownership Interest When You Gain Control of It ...................................................................................... So China Registered December 2017 Quarter Sales Comparables of +6% and With the East China Acquisition, Starbucks Now Has More Than 3,100 Company-Owned Starbucks Stores in China (Whew!) ...................................................................................... Further, Starbucks Made More Than Twice As Much in Operating Profit ($979 Mil in the Dec 2017 Quarter) in its Americas Region Segment Than It Did in All Of Its Other Segments Combined