Starbucks Corp. is upping the number of new units planned this year and upgraded its earnings outlook after reporting an 18-percent increase in net income for the second quarter on Thursday. For the April 1-ended second quarter, the Seattle-based company reported net earnings of $309.9 million, or 40 cents per share, compared with $261.6 million, or 34 cents per share, a year ago. Global revenue increased 15 percent to $3.2 billion on same-store sales that climbed 7 percent, driven by ...
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!