Just throwin' this out there, from MarketWatch news:
After Thursday's closing bell, Starbucks said it made $150.8 million, or 19 cents a share, in the latest three-month period, vs. $127.3 million, or 16 cents share, in the comparable period a year earlier.
Revenue rose to $2.26 billion from $1.89 billion.
In its international segment, same-store sales growth stood at 7%.
Personally, any company with revenue in the billions by selling cups of coffee earns respect. I travel to Japan and China every year and only drink my coffee at Starbucks there… Mostly because I'm impressed with their world-wide non-smoking policy (a risky business move in Asia). The queues in those stores are often out-the-door.
For future reference their stock is at $30.70 today.
