Monday, July 29, 2013

Starbucks profits 21 percent more in the first 9 months of fiscal year

New York-Starbucks cafes network announced on Thursday that it earned $ 1.24 billion in the first nine months of its fiscal year, 21% more than in the previous year, while in the third quarter of 2013 increased its net income in 25.4% driven by increasing your sales.
The company, based in Seattle (Washington), won $ 1.63 per share in the first nine months, up from $ 1.33 for the same period in 2012, when it made a profit of $ 1.25 billion.
Starbucks ' sales increased 11.7% in those dates until you get to $ 11,097 billion, compared with $ 9,935 billion last year.
"These results represent the best performance in the third quarter in our 42-year history," said in a statement the President and the company's Chief Executive, Howard Schultz.
In the words of Sanchez, these "powerful results reflect the success of our growth platforms in both the United States and the rest of the world".
The results, which were presented after the closing of the Nasdaq market, were well received by investors and electronic operations, its shares rose 6.06% to $ 72,33.
Exame - 25/07/2013
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