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But the company may face more competition abroad as Whitbread Plc spins off its Costa Coffee chain following pressure from activist investors.

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published Apr 26, 2018, 4:12:01 PM, by Leslie Patton (Bloomberg) — Starbucks Corp.’s half-off drink deals and extra rewards offers helped it meet expectations in the latest quarter, but the shares dropped — a sign investors were expecting more. The coffee giant said adjusted profit met estimates, while comparable sales

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