Company Profile: Seattle-based Starbucks purchases and roasts whole bean coffees and sells them, along with fresh, brewed coffees, Italian-style espresso beverages, cold blended beverages, a selection of teas and coffee-related accessories.
Starbucks reaffirmed part of its 2011 guidance "despite dramatically higher coffee costs," but revised its earnings-per-share outlook to a range of $1.44 to $1.47, lower than the $1.49 per share analysts had expected.
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