Starbucks Corp

Cost-cutting measures help Starbucks report better-than-expected 3Q profits

Cost-cutting measures help Starbucks report better-than-expected 3Q profits In spite of the continuing decline in customer traffic and average sales receipt, the Seattle-based coffee retailer Starbucks Corp. has posted a better-than-expected profit in its fiscal third quarter, largely due to the cost-cutting measures undertaken by the company.

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