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01 Apr, 2020
Starbucks Reports Earnings Amidst COVID-19 Pandemic
Starbucks Corporation (NASDAQ: SBUX) reported financial results for its 13-week fiscal second quarter ended March 29, 2020. The retailer of specialty coffee worldwide reported global comparable store sales declined 10%, driven by a 13% decrease in c..
Starbucks Changes Operations Amid Coronavirus Outbreak
Starbucks (NASDAQ: SBUX) has opted to modify operations amid the coronavirus pandemic. The company’s CEO Kevin Johnson notified customers of potential changes such as limited seating within the establishments or in some cases limiting service ..
Starbucks Announces That It Will Stop Using Plastic Straws by 2020
Starbucks (NASDAQ: SBUX) announced today that it will eliminate single-use plastic straws from its 28,000 global stores by the year 2020. The Company stated that it stores will be offering straw-less lids or alternative-material straw options i..
Starbucks shares jump after missing revenue estimates
Starbucks Corp. (NASDAQ: SBUX) reported its fourth quarter earnings for fiscal year 2017. The company reported earnings in-line with analysts’ estimates, but revenue fell for the fourth consecutive quarter.Starbucks shares plummeted durin..
Starbucks’ Biggest Stock Decline
In almost 2 years, Starbucks Corporation (NASDAQ: SBUX) experienced their biggest stock decline after cutting their forecast. Shares fell 8.2% to $54.63 in New York marking it the biggest plunge since August 2015. Starbucks also struggled to run a c..
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