NEW YORK (Reuters) - Starbucks Corp has locked in two-thirds of its fiscal 2017 coffee needs and expects prices will be "a little" favourable, but likely offset by foreign exchange pressures, Chief Financial Officer Scott Maw said on Thursday.
Starbucks reported higher-than-expected quarterly revenue on Thursday.
(Reporting by Lisa Baertlein in Los Angeles and Marcy Nicholson in New York; Editing by Bernard Orr)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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