Starbucks Sales Up 13 Pct, Shares Rise
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Starbucks Corp. SBUX.O on  Wednesday said sales at stores open at least 13 months rose 13  percent in November, helped by the coffee shop chain's early  launch of holiday products like Christmas Blend coffee beans.
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Starbucks Corp. on Wednesday  reported a 31 percent increase in quarterly net income and  raised its earnings forecast for the year on strong sales of  holiday products like Christmas Blend coffee beans.
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Starbucks' purchases of its  own Cafe Practices certified coffee will grow strongly in the  2007 fiscal year, a senior company official said on Monday.
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SEATTLE - Starbucks will raise its beverage prices by 11 cents a cup on average starting Oct. 6, the world&#39;s largest coffee-shop chain said Tuesday.
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Newspaper reports the coffee giant will raise the average drink price by 11 cents a cup. NEW YORK  - Coffee shop giant Starbucks Corp.
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Starbucks Corp.  will raise U.S. prices on coffee, lattes and other drinks by about 9 cents a cup next week to help offset soaring costs on commodities such as milk and energy, a spokesman said on Monday.
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ATLANTA -- Starbucks Corp. , the world's largest coffee-shop chain, plans to more than triple its number of stores to 40,000 worldwide, 10,000 more than the previous target.
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Sara Lee Coffee & Tea said Wednesday it was raising its retail coffee prices to keep pace with 14 percent hikes by other major roasters as global bean supply next year shifts from surplus to deficit.
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Wall Street stocks rose on Tuesday as Starbucks (NASDAQ:SBUX) and Bear Stearns (NYSE:BSC) prepared to appoint new chief executives and after soaring commodity prices boosted stocks in the energy and mining sectors.
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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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Pub group JD Wetherspoon reports a 24% jump in annual profits helped by a rise in coffee sales.
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McDonald's Corp. MCD.N on Wednesday  said worldwide sales at its namesake restaurants open at least  13 months rose 3.9 percent in August, helped by strong sales of  new menu items like fried chicken strips.
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Stocks headed for a higher open on  Tuesday, buoyed by news of an executive reshuffle at Starbucks  Corp  and as a rise in oil prices spurred gains in  energy shares.
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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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Starbucks Corp. SBUX.O said on   Thursday that same-store sales rose 5 percent in August,   hitting the top of Wall Street estimates and helping to allay   concerns about a consumer spending slowdown.
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McDonald's Corp.  said on Friday November same-store sales at its hamburger restaurants rose 6.2 percent, boosting the company's shares to a seven-year high, as Snack Wraps, premium coffee and family game promotions attracted customers.
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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.