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Starbucks profit up, U.S. sales unexpectedly strong

wochit business
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July 25, 2013 AT 7:01 PM
Starbucks Corporation posted a bigger than expected jump in quarterly profit after new "Refresher" fruit beverages and seasonal Frappuccino iced drinks helped drive more visits to its shops in the United States, its top market. The world's biggest coffee chain also raised its full-year profit forecast, sending shares soaring almost 6 percent in after-hours trade.