US coffee retailer Starbucks has posted a 21% rise in fourth-quarter profit, helped by strong sales.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The Seattle-based company reported profit of US$69.6m, or 17 cents a share, for the July to September quarter, compared to $57.7m a year earlier. The result met analysts’ forecasts.


The company said consolidated net revenue rose 25% to $1.1bn.


Starbucks backed its full-year 2004 forecasts for earnings of 83-85 cents a share, and sales growth of 20%. The company plans to open 1,300 new stores during the year, expanding its chain to more than 8,500 outlets.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now