The Seattle-based company reported net income at its shops that have been open at least a year coming in at $359 million in the three months to September. Overall revenue rose 11 percent to a record $3.36 billion, while same-store sales increased by six percent. The company responded to the results by stating that it was likely to make higher than expected profits in the year to come.
Starbucks continues to expand aggressively in international markets, with plans in place to open another 600 new stores in the Asia-Pacific region during its 2013 fiscal year. More than 300 of these will be based in China, while in the last month the company officially opened the doors to its first location in India.
