Starbucks Beats Expectations
Starbucks' third quarter earnings beat market expectations, sending its stock up 8 percent. Don't assume this is because their new "we're not Starbucks" campaign or other gimmicks are working, though--most of the improved earnings is due to cutbacks, layoffs, and store closures.
Contact the author of this article or email tips@seattlest.com with further questions, comments or tips.


