Starbucks reported net revenues of $653m for September, up almost 4.5% on the year. On a comparable store sales basis, sales at company-operated stores increased 10% for the five weeks ended 2 October, compared to the five-week period ended 26 September last year. Michael Casey, the group’s chief financial officer, said: "We are very pleased by the double digit same store sales growth in September but we expect comparable store sales growth to return to our longer-term three to seven percent target range in October." On 2 October the group had an estate of 10,241 sites, 2,939 outside the US. Jim Donald, president and chief executive at Starbucks, said: "During the month of September, customer demand for Starbucks handcrafted espresso beverages, including our Pumpkin Spice offerings, contributed positively to transaction growth. "We are also encouraged by the opening of 1,672 net new stores this year, well ahead of our global store opening target of 1,500 stores."