Starbucks' 2Q sales lifted by retail presence

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 p

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.