STARBUCKS SAYS IT SEES BETTER TIMES AHEAD AS STORES REOPEN
Jul 31, 2020
2 minutes
Starbucks’ revenue shrank 38% in its most recent quarter but the coffee giant says it’s recovering faster than expected as its stores reopen from coronavirus lockdowns.
The Seattle-based company said that it expects coronavirus-related losses to ease through the rest of this year.
“We believe the worst is behind us,” Chief Financial Officer
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