Starbucks produced triple profits
The American coffe chain, the Starbucks has successfully passed throught the difficulties, achieving a 241.5 million USD net profit, in the last quarter of the past year. A year earlier, it was only 64.3 million USD.
Starbucks’ total revenue in the fourth quarter of 2009 was 2.7 billion USD, compared to the 2.6 billion USD of the last quarter of 2008. The results exceeded the market expectations. The company eliminated thousands of jobs and closed hundreds of poorly performing stores, in the last two years. However, started the distribution of new, cheaper coffee types in order to redeem customers – reports Világgazdaság Online.
Related news
Related news
International certificates guarantee the high quality of products and services at SPAR
Quality certificates guarantee food safety and product quality in the…
Read more >The BioTechUSA group of companies further strengthened its international position and closed the year 2023 with investments worth billions
Even in the difficult economic environment, the BioTechUSA group of…
Read more >The Waberer’s Group entered the fullfilment market with Unilever
WSZL, a subsidiary of the Waberer’s Group, manages nearly 800…
Read more >