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Starbucks Reports Conflicting Covid 1Q Sales Trends From China And US; Costco And Walmart Online Booms

April 17, 2020
by The Ashton Report
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Written by The Ashton Report
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Starbucks released its quarterly results last week and the impact of the coronavirus pandemic is moving in opposite directions in the US and China, the beverage chain’s two largest markets. Same-store sales and transactions in the US were on pace to deliver the best quarterly numbers for the chain in four years, with increase of…

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