Starbucks, which operates the majority of its stores in the US and China, took a 10% same-store-sales hit for the company’s 2Q/20, equivalent to 1Q calendar. Net revenues fell 5%. Comp sales fell 3% in the US as transaction were off 7%. Comp sales and transactions fell 31% and 32% respectively in intl. markets. The…
You may also like
Tariffs Updates: Metals Tariffs In Force, More Tariffs...
The Annual Utilities Forecast Tour In California And A...
Restaurants Lost 57,000 Jobs In January And February...
NRA’s Performance Index Rose In January As Current...
Greg Hake Named President As Duke Manufacturing...
NAFEM Publicly Releases 12th Edition Of Size &...
About the author
