Starbucks' Q3 Earnings Preview: Will Reopening Momentum Last?

Starbucks' Q3 Earnings Preview: Will Reopening Momentum Last?

Starbucks (NASDAQ: SBUX) was hit hard at the onset of the pandemic as it had to close most of its stores to in-restaurant dining to help slow the spread of the coronavirus. Slowly, it has been recovering lost ground as economies are going through stages of reopening. The company will report third-quarter earnings on Tuesday, July 27, and investors expect a continuation of that reopening momentum.