Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,601.46
    -1,590.22 (-3.17%)
     
  • CMC Crypto 200

    1,259.95
    -98.06 (-7.22%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Starbucks' Path to Recovery Comes Into Focus

Starbucks' Path to Recovery Comes Into Focus

Few companies have been battered by the coronavirus pandemic as much as Starbucks (NASDAQ: SBUX) has. As a restaurant operator, Starbucks' industry is being directly impacted by the outbreak while restaurant dining rooms across the U.S. and much of the world have closed to stop the spread of the virus. As a result, Starbucks' second-quarter earnings report for the January-to-March quarter showed both sales and earnings down, but a strong start to the quarter in the U.S. helped deliver solid numbers given the headwinds.