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Nov. 6 (Bloomberg) -- Starbucks Corp. Chief Executive Officer Howard Schultz is shifting the coffee seller’s focus from cost cutting to growth by promoting new products, including Via instant coffee and its Seattle’s Best Coffee brand. Full Article at Bloomberg.com
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Starbucks' Seattle's Best Coffee brand will be in 9,000 Subway stores in the U.S. by the end of this year, Starbucks CEO Howard Schultz told analysts yesterday, reversing the company's long-held distaste for fast-food eateries, Melissa Allison and Amy... Full Article at MediaPost.com
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The company, which posted an expectations-topping fourth-quarter profit on Thursday, increased its target for fiscal 2010 growth in earnings before items to 15 percent to 20 percent from 13 percent to 18 percent previously. Full Article at International Business Times
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National coffee chain Starbucks (SBUX) reported adjusted earnings that beat expectations and issued guidance ahead of the Street’s view. Full Article at FOX News
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Chief executive Howard Schultz called Starbucks Corp's Via Ready Brew "perhaps the biggest opportunity" in company history as he prepared for the instant coffee product's North American roll-out on Tuesday. Full Article at Vancouver Sun
Related Quotes
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Seattle’s Best has a very bright future and it can do things that Starbucks cannot
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We have to make sure that none of the hubris and entitlement that was here returns ... There’s no sign of victory. One or two quarters doesn’t make a victory.
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The future of the company is not based on cost takeouts
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Candidly, given the fact that fast-food players have gone after the breakfast business -- specifically McDonald's -- in such a big way, and made such a big push into coffee, their core competitors want to compete directly with them in that space
