Coffeehouse chain looking to expand, tea is set up as big business
Promising to “go hard and go fast” after growth opportunities ahead, Starbucks officials said the 40-year-old coffee company has never been healthier despite “stubbornly high” commodity costs. The Seattle-based company booked a 34-percent increase in net income for its latest quarter, and Howard Schultz, Starbucks Corp.’s chair, president and chief executive, outlined strategic plans for the company. He noted accelerated unit growth in the U.S. and overseas, a ...
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Contact: Desiree Torres Desiree.Torres@penton.com