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4 Starbucks Analysts On Q2 Earnings: Brewing China Concerns, Strong US Demand And More

Summary

Starbucks shares were rallying Wednesday after the coffee chain reported a second-quarter sales beat. The quarter was helped by strong growth and momentum in the North American segment. The big headwind facing the company is the impact of the China region, which analysts highlighted after the print.

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Article published on May 4, 2022 by benzinga