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Starbucks misses expectations as China Covid surge hurts international sales

Por: CNBC Business February 03, 2023

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In this articleA Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California.Lucy Nicholson Reuters on Thursday reported quarterly earnings and revenue that fell short of analysts' expectations as weak international demand weighed on its results.In China, the company's second-largest market, transactions at cafes open at least 13 months plunged 28%. During the quarter, the Chinese government... + full article



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