Starbucks Sees $3.2 Billion Virus Hit, Plans New Cafe Format
A customer wearing a protective mask exits a boarded up Starbucks Corp. (Photographer: Andrew Harrer/Bloomberg)

Starbucks Sees $3.2 Billion Virus Hit, Plans New Cafe Format

(Bloomberg) -- Starbucks Corp. expects the coronavirus pandemic to reduce sales this quarter by as much as $3.2 billion, dragging down the coffee chain’s performance as it sees a recovery stretchin...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.