Starbucks' Comparable Sales Tumble 10% Worldwide
Starbucks (NASDAQ: SBUX) saw global comparable sales wither by 10% in its fiscal second quarter as the coronavirus pandemic forced the coffeehouse to shut its restaurants first in China and then elsewhere around the world.
Half of Starbucks' U.S. restaurants remain closed, though it does have a plan to begin reopening them, suggesting third-quarter comparable sales numbers will be depressed as well.
Image source: Getty Images.
Source Fool.com
