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Starbucks Earnings: What to Watch

TheMotleyFool

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Starbucks (NASDAQ: SBUX) investors beat a booming market in 2020 despite the strain that COVID-19 put on its business. The coffee giant reported a big drop in global demand starting in late February, which intensified during retailing closures in the U.S. in the spring.

The good news is that Starbucks' late October earnings report contained signs of what management called a "faster-than-expected" recovery both in the U.S and its other key market, China. Sales and earnings trends in those areas will be on the top of investors' minds when the chain reports fiscal 2021 first-quarter results on Jan. 26.

Let's take a closer look.

Source Fool.com

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