Starbucks COR increased quarter net profit by 35%

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Moscow. May 3. information agency "Interfaks" - the American Starbucks COR Corp. owning the world's largest network of coffee houses, in the second financial quarter increased net profit by 35%, thus corrected indicator and revenue appeared above expectations of experts. The net profit of companies in a quarter which came to the end on April 2, made $908,3 million, or 79 cents on an action, in comparison with $674,5 million, or 58 cents on an action, for the comparable period of last year. The corrected profit grew to 74 cents on an action from 59 cents. The revenue increased by 14% and reached $8,72 billion against $7,64 billion year before...
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Laksman Narasimkhan
Last position: CEO (Reckitt Benckiser Group PLC)
Starbucks
Main activity:Production of food
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