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Consumers continued buying fewer lattes and coffees at Starbucks in its second quarter and restructuring charges led to a 77 percent in net income, but the drop in sales was something of an improvement.
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AP, New York
Starbucks Corp. said Wednesday its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related mainly to the closure of 123 U.S....
made popular Apr 29 2009
AP, Seattle
Starbucks says its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related to closing more than 120 cafes.
made popular Apr 29 2009
AP, New York
Starbucks Corp. reports earnings for the fiscal second quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period.
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AP, New York
Starbucks Corp. is hoping its Seattle’s Best Coffee chain will be its growth engine during the recession.
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San Francisco:
Coffee cup sizes are shown on display at a Seattle’s Best Coffee shop in San Francisco, Monday, April 27, 2009. Starbucks Corp. is hoping its Seattle’s Best Coffee chain will be its growth engine as the economy sputters. Even as Starbucks shuts...
