Starbucks extracts more money with pricier drinks, food

April 23, 2015 11:48 PM

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Starbucks is extracting more money from customers with offerings like a "Flat White" espresso drink and revamped baked goods that cost a little more.

The Seattle-based chain reported a higher quarterly profit Thursday, with sales jumping 7 percent at established U.S. stores. The company said much of the increase came from higher spending per visit.

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