Starbucks beats earnings and revenue estimates, despite lockdowns in China - CNBC

8/2/2022 12:00:00 AM2 years 9 months ago
by Amelia Lucas
by Amelia Lucas
Shares of Starbucks have fallen 27% this year, dragging its market value down to $98.37 billion.
Starbucks on Tuesday reported better-than-expected quarterly earnings and revenue, despite lockdowns in China weighing on its performance. Shares of the company rose more than 1% in extended trading… [+1713 chars]
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