Starbucks is having its best year and our business remains strong, he said in a telephone interview.
The comments from the founder and CEO of the world's biggest coffee chain came a day after Darden Restaurants Inc
Darden also said it expected its diners' more frugal behavior to continue for the balance of the company's fiscal year, but at a slightly more moderate level.
When asked if Starbucks has seen its customers respond in similar ways, Schultz said: We have not.
Starbucks was hit hard by the U.S. housing crisis that dragged the economy into recession. It shuttered nearly 1,000 stores around the world and slashed costs in a painful, but successful restructuring.
Its shares, which fell below $8 in November 2008, closed at $38.17 on the New York Stock Exchange.
(Reporting by Lisa Baertlein, editing by Bernard Orr)