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Starbucks' net income grew by more than 20% in the third quarter.

Published: 2024-11-17 Author: World Gafei
Last Updated: 2024/11/17, Starbucks recently released financial results for the third quarter of fiscal year 2015. In the third quarter, Starbucks performed so well that it could even be described as lively, with net income up 22% from $513 million in the same period last year to $627 million. Despite the increase in income tax, Starbucks still achieved high profit growth due to high pre-tax profit in the third quarter. In the third quarter, Starbucks merged with the same

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Starbucks recently released financial results for the third quarter of fiscal year 2015. In the third quarter, Starbucks performed so well that it could even be described as "lively", with net income up 22% from $513 million in the same period last year to $627 million. Despite the increase in income tax, Starbucks still achieved high profit growth due to high pre-tax profit in the third quarter.

In the third quarter, Starbucks reported a 7% increase in same-store sales and a 4% increase in passenger traffic, with a net increase of 431 stores worldwide. Starbucks sales were boosted by an increase of nearly 18 million same-store transactions in the US and more than 23 million worldwide.

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