NEW YORK (AP) — Starbucks reported a stronger quarterly profit on Thursday as customers in the U.S. continued shelling out more money at its cafes.
The Seattle-based chain said global sales at established locations rose 6 percent for its second fiscal quarter, including in the U.S., where it has more than 11,000 cafes. Operating margin also improved as a result of lower costs for ingredients, and the company raised its profit outlook for the year.
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