Starbucks Will Show Q4 Loss of $2.12 Billion Following $2.7 Billion Fine
November 13, 2013 at 14:13 PM EST
The net result of an arbitrator imposed fine of $2.7 billion on Starbucks (NASDAQ: SBUX ) in a contract dispute with Kraft (NASDAQ: KRFT ), will be a fourth-quarter operating loss of $2.12 billion, according to Reuters . Prior to the arbitrator’s decision, the company had reported a 34