Financial Performance Analysis Report of the Companies

This report provides a financial performance analysis of three companies: Starbucks, Yum! Brands, and Panera Bread. The report examines the companies' financial performance, including revenue, and net income. It also discusses discontinued operations, such as Starbucks' sale of its Singapore operations. The report uses the provided data and financial statements to assess the financial health of each company. It provides a clear and concise overview of the financial performance of each company, with specific details on revenue, profit, and any relevant discontinued operations. The report is based on data from 2017 and includes references to the source materials used. It is a valuable resource for anyone interested in understanding the financial performance of these companies.

Running head: ACCOUNTING AND FINANCIAL MANAGEMENT
ACCOUNTING AND FINANCIAL MANAGEMENT
Name of the Student:
Name of the University:
Author Note

1ACCOUNTING AND FINANCIAL MANAGEMENT
This paper is prepared to analyse the financial performance of the top three American
company of the confectionery industry. The selected companies for the paper are Panera
Bread Company, Starbucks Corporation and Yum! Brands Inc. This paper reports the net
information of the each company for the year 2017. Further, this paper try to highlight the
any discontinued operations of the firm if any.
The following table shows the Revenue, Gross profit and Net profit of the selected
three companies. The all data are in millions and for the year ended 2017:-
Items Starbucks
Corporation
Panera Bread
Company
Yum! Brands Inc.
Revenue $ 22,386.8 72,763.3 $ 5,878
Gross Profit $ 4,134.7 $ 4,249.4 $ 2,761
Net Profit $ 2,884.7 $ 4,133.1 $ 1,340
Answer to Question 1:-
Yes, Starbuck Corporation has a discontinued operation in the fiscal year 2017.
Starbuck sold his company operated retail store asset and operation in Singapore to Maxim’s
Caterers Limited by converting these operations to a fully licensed market for a total amount
of $ 119.9 million that come up with the pre -tax gain of $ 83.9 million (Starbucks, 2019).
The financial report of the Yum! Brands Inc. does not have any figure in the income
from the discontinued operations for the year 2017. Lastly, in 2016, the Yum! Brands Inc.
ends its operation in China but this is not related with our selected year (yum.com, 2019).
Same like the Yum! Brands Inc., the Panera Breads Inc. also does not have any
amount in the income from the discontinued business.

2ACCOUNTING AND FINANCIAL MANAGEMENT
References
Starbucks (2019). Retrieved from
https://s22.q4cdn.com/869488222/files/doc_financials/annual/2017/01/FY17-
Starbucks-Form-10-K.pdf
yum.com. (2019). Retrieved from http://investors.yum.com/Cache/1001234984.PDF?
O=PDF&T=&Y=&D=&FID=1001234984&iid=4025819
PNRA, P. (2019). Panera (PNRA) Income Statement. Retrieved from
https://www.investing.com/equities/panera-bread-company-income-statement