Starbucks Corp. is upping the number of new units planned this year and upgraded its earnings outlook after reporting an 18-percent increase in net income for the second quarter on Thursday. For the April 1-ended second quarter, the Seattle-based company reported net earnings of $309.9 million, or 40 cents per share, compared with $261.6 million, or 34 cents per share, a year ago. Global revenue increased 15 percent to $3.2 billion on same-store sales that climbed 7 percent, driven by ...
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Contact: Desiree Torres Desiree.Torres@penton.com