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Will Starbucks' (SBUX) value-based bets of 2009 -- the "new day" the company has advertised on sweet welcome signs on its store doors, in splashy reveals in New York and Seattle, in glossy ads ...
Same-store sales were the big story in Wednesday's fiscal third quarter earnings report, and Starbucks (SBUX) delivered the iced frappuccinos, serving up a 9% increase over the third quarter 2009 ...
In 2009, Starbucks began beta testing its mobile app for the Starbucks card, a stored value system in which consumers access pre-paid funds to purchase products at Starbucks. [145] Starbucks released its complete mobile platform in January 2011. [146] [147] By December 2011, the number of mobile transactions exceeded 26 million. [148]
Earnings growth was strong. Starbucks' normalized earnings per share grew at an average rate of 19.9% per year from 2001 until today. That's far faster than what other fast-food outlets like ...
During his tenure, Starbucks enjoyed record growth, including five straight years of 20%+ annual earnings increases. [9] In 2009, in an effort to reverse its ailing fortunes, Haggen Food & Pharmacy named Donald president and CEO. [citation needed] Within two years Haggen was sold to Comvest Group. The new owners replaced Donald as CEO.
[28] [29] For $7.15 billion, Nestle agreed to market Starbucks products outside of Starbucks stores in countries such as the US and China, [29] as well as use Starbucks coffee in Nespresso and Nescafe products. [30] Under Johnson, Starbucks acquired 100% of its East China joint venture for $1.3 billion.
Starbucks is one of the year's highfliers, with shares up nearly 50% on the year and the stock trading around a 52-week high. As if that weren't enough, Starbucks reported record earnings for its ...
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