Starbucks said strong holiday sales contributed to a 25-percent increase in net income for the first quarter ended Dec. 29. The Seattle-based coffeehouse chain recorded increases in guest traffic across the globe that ranged from 3 percent in Europe, the Middle East and Africa (EMEA) to 7 percent in the China/Asia Pacific region. Traffic rose 4 percent in the U.S. During the quarter, Starbucks netted 417 new locations, bringing the global count to 20,184. NET INCOME Result: ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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?