Starbucks Corp. said Wednesday its fiscal third-quarter profit climbed 9 percent as the world's largest specialty coffee retailer opened 668 new stores and announced plans to continue expanding at an equally blistering pace next year.

Earnings for the quarter ended July 1 rose to $158.3 million, or 21 cents a share, from $145.5 million, or 18 cents, a year earlier. Analysts expected 21 cents.

Revenue jumped 20 percent to $2.36 billion from $1.96 billion a year ago, falling just short of analysts' estimated $2.39 billion.

THE WALT DISNEY CO. said profits increased 5 percent in the third quarter on increased attendance at its theme parks, higher ad and subscription income from its TV channels, and the sale of Disney merchandise.

• Profit: $1.178 billion, or 57 cents a share, vs. $1.125 billion, or 53 cents, a year earlier.

• Revenue: $9.045 billion up from $8.474 billion a year ago.

Analysts expected 55 cents a share on revenue of $9 billion.

TIME WARNER INC., which owns CNN, HBO and Time Inc. publications, said strength in cable TV helped boost second-quarter earnings 5 percent.

• Profit: $1.07 billion, or 28 cents a share, ahead of $1.01 billion, or 24 cents, a year earlier. Excluding discontinued operations and gains from an accounting change, earnings were 25 cents a share. Analysts expected 21 cents per share.

• Revenue: $11 billion, up 6 percent over last year. Analysts forecast $11.1 billion.

MARTHA STEWART LIVING OMNIMEDIA INC. reported second-quarter losses were much broader than last year.

• Loss: $6.74 million, or 13 cents a share, vs. $1.17 million, or 2 cents, a year ago.

• Revenue: $73.45 million, up 7.7 percent from $68.17 million a year earlier.