Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Lauren Rosenblatt

Amid union push, Starbucks reports increased sales and expenses

Some Starbucks workers are staying home amid a surge in COVID-19 cases, but shoppers are still eager to pick up a coffee – and happy to pay more than usual for it.

Starbucks reported sales were up 13% at the start of its fiscal year – the three-month period between November and January – due mostly to an increase in the number of orders, as well as a bump in the average amount customers spent on each coffee run.

In the same time period, Starbucks said it is spending more than expected due to three factors: inflation and global supply chain disruptions, training and onboarding for new hires, and extra time off for workers who have COVID-19 or were exposed to the virus.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.