Starbucks reports Q1 earnings on January 28th. Last month, the coffeehouse said it will miss Street estimates and will likely double costs cuts in 2009.
The rapidity at which Starbucks? locations were springing up during the 1990's has stalled globally, and has reversed over the past several years in the U.S. Last year, Starbucks announced they would close 600 under-performing locations and would cut nearly 1,000 non-retail positions.
2010 © Better Trades | Contact Us