SEATTLE In a continuation of a turnaround that began earlier this year, Starbucks Corp. reported increased sales for the second quarter and upgraded its forecast for the year.For the quarter ended March 28, Starbucks reported net income of $217.3 million, or 28 cents per share, compared with $25 million, or 3 cents per share for the year-ago quarter. Latest quarter revenue grew 9 percent to $2.5 billion for the 16,664-unit global coffeehouse chain.In a continuation of a turnaround that began ...
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Contact: Desiree Torres Desiree.Torres@penton.com