Starbucks Proves a $5 Coffee Is No Luxury
Skip the Starbucks (NASDAQ: SBUX) coffee every day and you'll be rich. That's become a personal finance cliche, and if there was a time to take that advice to heart, it would be now.
Americans and people in much of the world are working at home, avoiding the usual routines that lead to your morning coffee, or grabbing a cup of joe on your break, or any of the other situations that favor Starbucks' business. But against that backdrop, Starbucks has proven that its business is resilient, as it's recovered virtually all of those lost sales during the pandemic.
Image source: Starbucks.
Source Fool.com
