date:Jan 28, 2013
Growth in the U.S. and expansion in China and the rest of Asia helped contribute to a 13% increase in earnings during the first quarter for Starbucks Corp. The company is also expanding its product offerings with new platforms such as the Verismo machine, and the acquisition of Teavana Holdings, Inc. gives the company opportunity to find strength in tea offerings.
For the quarter ended Dec. 30, Starbucks had earnings of $432.2 million, equal to 57c per share on the common stock, which compared