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Starbucks (SBUX) released higher-than-expected earnings of $217.3 million, or 28 cents a share, on revenue of $2.13 billion for its fiscal second quarter of 2010, after luring more customers to ...
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 ...
Starbucks's (SBUX) fiscal fourth-quarter profit surged 86% as the largest U.S. coffee-shop operator boosted same-store sales from a combination of more customer visits and more spending per customer.
[422] [423] [424] Starbucks alleged that the post harmed its reputation, and sued for trademark infringement for the use of the Starbucks name and a related logo. The SWU made a filing in response, requesting the continued use of the name and logo, and alleging defamation from Starbucks that it endorsed violence or terrorism.
James Donald is an American businessman who was the chief executive officer (CEO) of Starbucks from 2005 to 2008. He was preceded by Orin C. Smith, who led the company since 2000, and was succeeded by the coffeehouse's second president, Howard Schultz. Donald also held various executive positions with Albertsons.
Gass earned a bachelor's degree in chemical engineering from Worcester Polytechnic Institute in 1990 [5] [6] and an MBA from the University of Washington. [7]She joined consumer goods company Procter and Gamble in 1990, where she worked in product development, before moving to Starbucks in 1996 as manager of its Frappuccino blended iced coffee brand. [8]
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 McDonald's ( NYS: MCD ) or Yum!
Sales and profits fell sharply in the fourth quarter. Here's what it means for the turnaround.