Starbucks (SBUX +1.9%) says it will broaden its commitment in Latin America as it opens its...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX +1.9%) says it will broaden its commitment in Latin America as it opens its first store in Costa Rica and sets a plan in motion to open several hundred stores in Brazil over the next five years. All eyes in the coffee market have been on Brazil already, with crop numbers expected to show a glut of supply - news that could improve SBUX margins even further.