Starbucks reported a 44-percent jump in first-quarter profit Wednesday, saying strong holiday sales and operational improvements helped offset skyrocketing coffee costs. For the first quarter ended Jan. 2, Starbucks reported net income $346.6 million, or 45 cents per share, compared with $241.5 million, or 32 cents per share, for the first quarter a year ago. Analysts had projected earnings of 39 cents per share, according to Thomson Financial. Revenue for the 17,009-unit chain grew by 8 ...

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.