Is Starbucks Stock a Buy?
Starbucks (NASDAQ: SBUX) has dealt with significant global disruption, yet it still managed to make a profit. Same-store sales were also strong, dropping by only 10% and "driven by a 13% decrease in comparable transactions, partially offset by a 4% increase in average ticket," according to the Q2 earnings release. Starbucks has been operating many of its stores for drive-through, pickup, and delivery.