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Starbucks sees US$3.2b virus hit, plans new cafe format

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Starbucks expects the coronavirus pandemic to reduce sales this quarter by as much as US$3.2 billion, dragging down the coffee chain's performance as it sees a recovery stretching into next year.

[NEW YORK] Starbucks expects the coronavirus pandemic to reduce sales this quarter by as much as US$3.2 billion, dragging down the coffee chain's performance as it sees a recovery stretching into next year.

The company, which like other restaurants has had a difficult time offering...

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