Starbucks executives told analysts Wednesday that rising coffee costs would take a greater-than-expected toll on earnings in 2011, but continuing sales momentum would likely offset the damage. Officials from Seattle-based Starbucks Corp. offered updates on commodity costs, its packaged goods business and development targets after reporting a 44-percent increase in net income for the first quarter. The company also posted record U.S. sales and its fifth consecutive quarter of traffic growth. ...

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 NRN we ask that you register now. We promise it will only take a few minutes!

Questions about your account or how to access content? 

Contact: Desiree Torres 

Already registered? here.