Starbucks Plans a Gradual Reopening Based on Its China Experience [The Motley Fool]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
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Source: The Motley Fool
Starbucks(NASDAQ:SBUXclosed to regular customer traffic at least through May Now, Starbucks CEO Kevin Johnson declared the start of a "new phase" of its business model, which he terms "monitor and adapt." The company's outlets will watch the COVID-9 situation and use a set of clearly defined guidelines to add services when it's deemed safe to do so. Some arrangements potentially on offer, based on local conditions, include contactless pickup or limited seating in compliance with social distancing.Image source: Starbucks.Johnson and CFO Patrick Grismer wrote an open letter today which they filed with the SEC as an 8-K Current Report. In the letter, the two executives state they're using the earlier Starbucks experience dealing with COVID-9 in China as blueprint for their strategy in the U.S. They note 9% of Starbucks locations in China are currently open, though with limited seating and reduced working hours as Chinese regulations in the wake of the coronavirus demand.The executives sa
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SBUX
Earnings
- 10/29/25 - Miss
SBUX
Sec Filings
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- SBUX's page on the SEC website