Friday, April 23, 2010

Have you heard, happy days are here again

Starbucks reported same store sales increase of 7%

  • Consolidated net revenues increased 9% to $2.5 billion
  • Comparable store sales increased 7%, driven by a 3% increase in traffic and a 4% increase in average ticket
    • U.S. comparable store sales increased 7%, driven by a 3% increase in traffic and a 5% increase in average ticket




Now if we can just correct the pesky underwater mortgage, real estate value declined 30% problem, this whole Great Recession thing will become a really bad memory.