Starbucks Sales Up 13 Pct, Shares Rise
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Starbucks Corp. (SBUX.O: Quote, Profile, Research) on Wednesday said sales at stores open at least 13 months rose 13 percent in November, helped by the coffee shop chain&#39;s early launch
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Starbucks Corp. on Thursday raised its long-term expansion goal to 40,000 stores from 30,000, and said it was no where close to exhausting opportunities in North America even though growth also looms internationally.
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Starbucks Corp. on Thursday raised its  long-term goal for how much larger it wants to get by 20  percent, citing opportunities to put more of its coffee shops  in smaller U.S. markets.
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Pub group JD Wetherspoon reports a 24% jump in annual profits helped by a rise in coffee sales.
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McDonald&#39;s Corp. said Thursday that global comparable-restaurant sales, or sales at restaurants open at least 13 months, rose 4.2 percent in November.
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Starbucks Corp  on  Wednesday posted higher quarterly profit as the premium coffee  seller works to revive its historically swift growth as it  grapples with slower U.S. consumer spending, high milk prices  and increased competition.
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Starbucks Corp.  on Thursday  raised its store expansion target to 40,000 from its previous  goal of 30,000.
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McDonald's Corp. MCD.N on Tuesday   reported a better-than-expected 6 percent rise in sales at   hamburger restaurants open at least 13 months, helped by menu   improvement in Europe.
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Sales at U.S. restaurants open at least 13 months increased 7.2 percent from a year earlier, Oak Brook, Ill.-based McDonald's said in a statement.
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Starbucks Corp.  said on  Thursday that sales at coffee shops open at least 13 months  rose 5 percent in August, at the high end of Wall Street  estimates, and shares rose slightly in after-hours trading.
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Starbucks Corp.  said on Wednesday first quarter earnings rose 18 percent, meeting analysts' estimates, as it opened more than 8 stores a day and attracted customers with lunch offerings and gift cards.
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McDonald&#39;s Corp. (MCD.N: Quote, Profile, Research) said Monday that sales at its namesake hamburger restaurants open at least 13 months rose 6.1 percent in October, helped by a popular Monopoly game promotion in the United States.
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Starbucks raises its expansion target to 40,000 outlets around the world, more than triple the existing number.
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The advertising services company said fourth-quarter profit rose 13 percent to $313.9 million, slightly ahead of expectations, with revenue increases in the United States and internationally.
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Starbucks Corp. , the  world's largest coffee shop chain, on Wednesday said quarterly  earnings rose 18 percent as the number of stores grew and  established outlets attracted more customers.
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Yum Brands Inc.  on Tuesday said quarterly earnings rose 13 percent and raised its profit forecast for the year as strong sales at its fast-food chains helped offset a run-up in commodity costs.
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Starbucks Corp. SBUX.O on  Wednesday reported a 31 percent increase in first-quarter net   income, on strong sales of holiday products like Christmas  Blend coffee beans, and raised its earnings forecast for the  year.