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Starbucks Follows Up Second-Quarter Earnings With 'Bridge to the Future' Letter Detailing a Fast Recovery

Rhian Hunt, The Motley Fool
·2-min read
Starbucks Follows Up Second-Quarter Earnings With 'Bridge to the Future' Letter Detailing a Fast Recovery

Brewing up some good news after the entire restaurant industry took a drubbing from COVID-19, Starbucks (NASDAQ: SBUX) published an open letter to its partners today describing its recovery following the possible recent decline in the pandemic's severity. It cites the start of the Transcontinental Railway during the American Civil War, and notes how, during the Cold War, "President John F. Kennedy united the country around a quest to the Moon." Starbucks attempts to strike an upbeat note throughout, in addition to providing some more concrete data.

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