Schultz: I'm Not Losing Any Sleep Over Dunkin' Donuts


On the heels of strong earnings and plans for expansion from coffee competitor Dunkin' Brands, Howard Schultz, chairman and CEO of Starbucks, told CNBC that he isn't worried about competition from other big brands edging into coffee service.

"We respect all of our competitors but I think Dunkin' and McDonalds, they're in another business, they're in the fast food business," Schultz said.

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