SEATTLE Starbucks Corp. gave credit to brisk holiday business and the launch of its new instant coffee as it reported first-quarter profit that nearly quadrupled from a year ago and posted its first same-store sales increase in two years. For the quarter ended Dec. 27, the Seattle-based coffeehouse giant reported Wednesday a same-store sales increase of 4 percent globally, driven by a 1-percent increase in traffic and a 4-percent increase in average check.“Continued innovation, the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!