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Tea sales in the U.S. grew to $15.7B last year to mark an impressive 32% five-year gain as the...

Jun. 10, 2013 10:03 AM ETStarbucks Corporation (SBUX) StockSBUXBy: Clark Schultz, SA News Editor1 Comment
Tea sales in the U.S. grew to $15.7B last year to mark an impressive 32% five-year gain as the beverage gains hold as a healthier alternative to coffee. The developments isn't a major concern for Starbucks (SBUX +1.3%) with its Teavana and Tazo brands well-positioned to take advantage of the trend. Some analysts even think tea will overtake coffee in the U.S. by 2017.

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