Starbucks Profit Gains 25% as U.S. Sales Improve
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Starbucks Corp. Chief Executive Officer Howard Schultz’s push into food is starting to pay off, driving traffic into U.S. stores and lifting sales and profit.
In recent months, the world’s largest coffee-shop operator has introduced a range of menu items, including salad bowls with such flavors as zesty chicken and black bean. Earlier this week, the company announced a partnership with Danone SA to develop and sell Greek yogurt in cafes and in supermarkets. It also is adding La Boulange baked goods in locations in the U.S.