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BREAKING- Starbucks CEO Says Relationship with Green Mountain Coffee ‘Fantastic’ (SBUX)

In an interview on CNBC Friday, Starbucks CEO, Howard Schultz said that Starbucks’ (NASDAQ: SBUX) relationship with Green Mountain Coffee (NASDAQ: GMCR) is “fantastic.”

This comment came in response to a question sent to CNBC via Twitter. He said that Starbucks’ deal with Green Mountain Coffee extends for years and the K-cup partnership with the company is strong.

Starbucks reported a blowout quarter on Thursday with comps rising an impressive 9 percent. The stock is up is nearly 6 percent on the back of the report.

[stock-tools exchange="NASDAQ" symbol="SBUX" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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