Starbucks Loses $1.2 Billion in Sales, But Still Beats Earnings Expectations
And Starbucks is set to close hundreds of branches. From Starbucks Blog Starbucks Corporation (NASDAQ:SBUX) shares fell 3.0% to US$86.96 after its annual revenue report was released. No one was surprised, however, as all retailers of any kind are hurting due to the Covid-19 pandemic. Starbucks has reported a Q4 9% drop in US sales […]
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