Due in part to its Mobile Payments and Loyalty program, Starbucks reported a stunning 2015 First Quarter profits, with an 18% jump in revenue to $4.6 billion, to beat expectations while profit jumped 16 percent.
Last quarter, a record 1.3 million new members enrolled in the Starbucks loyalty program, which includes mobile payment, to bring total active sign-ups to 10.3 million.
Breakfast sandwiches and other food items also were strong, with breakfast sandwiches in particular recording a 35% year-over-year growth.
Read more, via Slate.