Starbucks Brews 86% Higher Fourth-Quarter Earnings
Starbucks drew more customers to its stores and got them to spend more money, boosting its fiscal fourth-quarter profit 86% from the same quarter a year ago. Same-store sales grew 8% in that time.
Starbucks drew more customers to its stores and got them to spend more money, boosting its fiscal fourth-quarter profit 86% from the same quarter a year ago. Same-store sales grew 8% in that time.
Starbucks posted on-target earnings, with same-store sales growing 9% from a year ago, thanks to 6% more traffic and a 3% increase in the average bill.
