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0 0.000767263427110004 -0.000319693094629229 0.00405115089514067 0.000127877237851728 0.00607928388746813 0.00620204603580562 0.00805626598465467
Stock impact report

Fast food sector hopes stimulus checks boost sales after tough quarter [Reuters]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Reuters
Fast food sector hopes stimulus checks boost sales after tough quarter April 28 (Reuters) - Slumping sales at big fast food chains could get a boost as hungry and restless customers spend stimulus checks after long lockdowns, analysts and some operators said ahead of quarterly earnings that will show the extent of damage from the coronavirus slowdown. McDonald’s Corp and Starbucks Corp issued earnings updates on April 8 that showed a sales hit from coronavirus disruptions. Investors will get more information this week - along with updated outlooks - when they and other companies officially report. More states are beginning to ease restrictions on businesses that were shuttered to stem the spread of the outbreak - meaning more people will pick up meals and coffee before, after and during work. Tired of eating at home for weeks, consumers may also seek someone else’s cooking, and restaurants are trying new ways of operating including continued use of masks and social distancing alongsid Show less Read more
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