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.