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0 -0.00362976406533582 0.00349015775513053 -0.00530503978779854 -0.00432779561636189 0.000977244171436454 -0.0286192935920705 -0.0185676392572946
Stock impact report

Starbucks: Lessons From The Financial Crisis [Seeking Alpha]

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: Seeking Alpha
SummaryRestaurants will be hit hard as people stay indoors to curb the spread of COVID-19.Regardless of Starbucks' brand value and customer-centric approach, sales will initially decline in the most likely scenario.The decline in sales, however, might not be as bad as some investors are factoring into their models.How Starbucks performed during the last recession provides an indication of what to expect from the company this time around.SourcePeople are staying indoors. While this is not good news for the entire economy, these are trying times and putting an end to the spread of COVID-19 is the most important task at hand. The economy, however, will take a massive hit. Companies that depend on foot traffic to their stores to generate revenue, such as restaurant chains without any online presence or a delivery network, will see their sales falling off a cliff in the first half of this year. Some companies would be hit harder than others because of structural differences. Starbucks Corp Show less Read more
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