Starbucks admits calls for boycott over Gaza war have hampered sales. The coffee chain's income increased by 8.2%, to $9,425 million, a record for the first quarter of its fiscal year.
Consolidated net profit grew by 19.8% to $1,024.4 million, according to the accounts presented this Tuesday by the company based in Seattle (Washington) Experts had already been cutting forecasts for fear of the impact of calls for a boycott. Starbucks refuses to enter war, its average ticket has dropped sharply in China.