Starbucks profits perk up 6%
on 24/01/2013 22:42:34
The Seattle-based coffee chain said global sales at cafes open at least a year rose 6%, reflecting an increase in traffic and spending per visit. The figure is a key metric because it strips out the impact of newly opened and closed locations. In Europe, the figure fell 1%.
For the period October to December, Starbucks earned US $432.2 million compared with US $382.1 million in the same period a year ago.
Revenue rose 11% to US $3.8 billion.