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Starbucks In Line

Stock quotes in this article: SBUX  

Starbucks(SBUX Quote) served up an 18% rise in second-quarter earnings Thursday, meeting Wall Street's expectation, and the coffee retailing giant backed its guidance for the full year.

For the quarter ended April 1, the Seattle-based company earned $151 million, or 19 cents a share, up from $127 million, or 16 cents a share, a year ago.

Revenue increased 20% to $2.26 billion, while same-store sales climbed 4%. ...

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