January 26/Portland, Ore./Associated Press -- Starbucks Corp. reported its biggest quarterly revenue gain since the recession began, but investors worried after the company issued a modest forecast for the year.
The Seattle-based coffee company reported its fiscal first-quarter revenue grew 16% -- the largest quarterly gain since 2007. It attracted new customers by adding stores in China and Morocco, upgrading locations in the U.S. and rolling out single-serve coffee and other new items at grocery stores.