Says the NYT:
Starbucks Corporation said net income fell 77 percent in its second quarter offering further proof that consumers are continuing to cut back on everyday luxuries.The Seattle-based coffee company reported net income of $25 million, or 3 cents a share, compared to $108.7 million, or 15 cents a share, in the year-ago second quarter.
The Americano I'm drinking right now didn't come from McDonalds or Starbucks.
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