Monday, August 3, 2009

Starbucks in the News

I haven't been tracking the coffee news to closely lately as we've been busy moving but some interesting things happened last week with Starbucks. Apparently their 3Q earnings report beat the streets projections despite a drop in sales and foot traffic. CEO Howard Schultz is not ready to declare victory in the brands turn around just yet. Which is probably for the best as Business Week reports some people are still skeptical as one quarter of results is in so far.

No comments: