Starbucks is in the middle of a couple of strong cross currents. On the one hand, the company is still growing. They opened a net 539 new stores last quarter. Hard to believe that planet terra needs more Starbucks, but indeed it does. The other force at play is the potential contagion of the coronavirus in China. This has caused the company to temporarily close about 2,000 stores in that country and operate at reduced hours in many of those that remain open.
