Starbucks says average weekly cash flow is expected to be positive by end of q3
Starbucks - average weekly cash flow is expected to be positive by the end of q3.starbucks - expect international’s comparable store sales in fiscal 2020 to decline 40% to 45% in q3.starbucks - expect international’s comparable store sales in fiscal 2020 to improve to a decline of 10% to 20% in q4.starbucks - expect comparable store sales for americas & u.s. in fiscal 2020 to decline 40% to 45% in q3.starbucks - expect comparable store sales for americas & u.s. in fiscal 2020 to improve to a decline of 10% to 20% in q4.starbucks -u.s. in-store transactions increased slightly following gradual re-opening of cafÉs in may.starbucks - expect international’s comparable store sales to yield a decline for full fiscal year of 20% to 30%..starbucks - expect comparable store sales for americas & u.s. in fiscal 2020 to yield a decline of 10% to 20% for full fiscal year.starbucks - expect portfolio optimization will yield net new store growth for the americas in fiscal 2021.starbucks - about 96% of global company-operated store portfolio is open.starbucks - portfolio optimization in americas to have a moderately negative impact on americas revenue through next fiscal year.starbucks - now expect to open about 300 net new stores in fiscal 2020 for americas segment, down from original expectation of 600.starbucks - expect china’s comparable sales to improve to decline of 20% to 25% in q3, and trend towards roughly flat by end of q4.
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