date:Apr 25, 2014
orecast for this fiscal year as the slew of new products is expected to boost sales.
Profit in the fiscal year through September will be as much as $2.68 a share, Seattle-based Starbucks said Thursday. Thats a touch higher than its previous forecast of as much as $2.67 a share and tops the $2.66 average projection of 29 analysts compiled by Bloomberg.
Starbucks reported second-quarter profit of $427million, or 56 cents a share, a 9.8 percent rise, meeting analysts estimates. Revenue rose 9.1 p