Starbucks (NASDAQ:SBUX) today announced that they will beat industry analyst projections for Q309, but almost entirely as the result of cost cutting initiatives and store closings, followed by decreased (ceased) short term borrowing and increased grocery store distribution. Though a positive result for the short term, the company saw an 5% decrease in US same [...]
Starbucks Q3 ’09 financial results analysis
July 21st, 2009 · No Comments · Coffee Shop News, Retail Coffee Industry, economy, starbucks
Tags: analyst·costs·earnings·mcdonalds·sales·specialty coffee·starbucks
