Starbucks Outlines Blueprint for Profitable Growth at Annual Shareholders Meeting

Starbucks Corporation SBUX today hosted its 20th annual shareholders' meeting. The company highlighted the successful launch of its Starbucks VIA® Ready Brew platform and its recent announcements of strategic relationships with Green Mountain Coffee Roasters, Inc. GMCR and Courtesy Products. The company also announced a 10-year extension to its exclusive strategic agreement with Autogrill's HMSHost, one of Starbucks first licensee partners. Under this agreement, HMSHost will continue to build and operate Starbucks locations in airports and motorway travel plazas across the U.S. Company Expects Starbucks System Sales in K-Cup® to Exceed $1 Billion