No wonder Starbucks can afford a partnership with Disney — they're reporting an 18% jump in their fiscal second quarter!
Ridiculously, Starbucks says it earned $309.9 million, or 40 cents per share, for the three months ended April 1st. Compare that to a profit of $261.6 million, or 34 cents per share a year ago, and you have on hell of a bump!
They're saying this is all due to more visits and higher customer spending. Duh — why wouldn't that be the case??
Plus now they're gonna have Mickey helping out!! Ha!
Keep it up, people need their fix!
[Image via WENN.]