27 Jan '12, 12am

Starbucks profits up 10% in the first quarter. Company discloses Howard Schultz received $16M pay package.

Starbucks says profit climbed 10% in the first quarter Starbucks reported after the markets closed today that it made $382.1 million in the first quarter ending Jan. 1, on revenue of $3.4 billion. Still, shares fell in after-hours trading because the company's outlook isn't as rosy as analysts hoped for. "A very successful holiday season drove strong global same-store sales, which, combined with continued operational efficiencies, delivered record results despite continued commodity cost pressures," Chief Financial Officer Troy Alstead said in an earnings release. Starbucks reported that CEO Howard Schultz was paid $16.1 million in the fiscal year ended Oct. 2 -- $1.4 million salary and the rest in in stock, options and other equity compensation. The coffee giant also said that it added 241 new stores during the quarter -- it's biggest quarterly growth since the summer of ...

Full article: http://starbucksgossip.typepad.com/_/2012/01/starbucks-sa...

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starbucksmelody.com 27 Jan '12, 12am

I didn’t take photos of everything offered. You can look back at the past article on this store and see a number of staple...

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starbucksgossip.typepad.com 27 Jan '12, 11pm

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Please welcome a new Starbucks twitter profile for my fave store @101Starbucks. It's this store:

Please welcome a new Starbucks twitter profile ...

starbucksmelody.com 27 Jan '12, 11pm

Hi Lynse! Good luck again on your relocation to Washington! That’s a big move, moving across country nearly! Great questio...

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starbucksmelody.com 31 Jan '12, 5pm

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