Starbucks is continuing to prove that it has successfully turned its fortunes around as it sees its latest quarterly profits more than triple.
The US coffee chain giant made a net profit of $241.5m (£148m) in the three months to the end of December, compared with $64.3m a year earlier.
Buoyed by extensive cost-cutting work over the past year, the firm has also won back customers in its home market.
Same store
US sales rose 4%, their first rise in more than two years.
Job cuts
Starbucks' total revenues for the quarter rose to $2.7bn from $2.6bn a year earlier. - bbc news
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