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Anorak | You Know It’s A Recession: Starbucks Slumps

You Know It’s A Recession: Starbucks Slumps

by | 1st, May 2008

BRING back the greasy spoon :

Starbucks, faced with a sharp drop-off in customers, reported on Wednesday that earnings declined 21 percent during the second quarter.

Starbucks reported that net income declined to $108.7 million, or 15 cents a share, from $150.8

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Posted: 1st, May 2008 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink