Starbucks earnings rise 16 percent; wait time curbs sales growth

Article Abstract:

Starbucks Corp. of the United States posted soaring earnings for the third quarter by 16 percent to $145 million from $125.5 million last year. Revenues at the coffee house faced lowered sales growth in July as longer wait times due to new juice and banana Frappuccinos cut into the espresso business with increased wait times.

Roasted coffee, Fruits and tree nuts, not elsewhere classified, Coffee industry, Starbucks Corp., SBUX

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Ahold's net profit more than doubles; Dutch retailer raises share buyback

Article Abstract:

Fourth-quarter net p rofits have more than doubled for Dutch food retailer Royal Ahold N.V., to $320 million. Planned share buybacks have been raised to $4.02 billion. In the U.S., Ahold plans to lower prices and costs, to attract customers and increase profits.

Strategy & planning, Planning, Netherlands, Royal Ahold N.V., Company business planning, Financial report

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Heinz to cut jobs, spend less as profit drops 19%

Article Abstract:

H.J. Heinz Co. of the United States is planning to cut eight percent of its labor force and to spend less on advertising. Net income for the fourth quarter fell 19 percent.

Personnel administration, Human resource management, Company personnel management, H.J. Heinz Co., HNZ

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