Starbucks do not expects profit increase, due to the rising coffee prices

According to Starbucks; the increasing cost of obtaining may put a negative impact on corporate profits this year.

The company has decided not to increase its profit projections for this year, although in the last three months the American café chain reported about sales increases and a 15 percent higher profit. The revenue at the same time increased by 8 percent, to  3 billion USD, due to mainly U.S. sales – reports Világgazdaság Online, after BBC News.