MCD - Starbucks Corporation: A Cash Cow With Significant Growth Potential

Given its position as a global coffee shop chain, Starbucks (NYSE:SBUX) has been significantly impacted by the Covid-19 outbreak. However, things are now looking up. In China, a majority of SBUX stores are operating, including those in Wuhan, the epicenter of the Coronavirus pandemic. In addition, the company is experiencing improvements in the rate of same store sales declines in the region. SBUX has indicated that it expects operations in China to return to normal within two quarters. In the United States, based on a March 22, 2020 directive by management, SBUX operations