Starbucks same-store sales plunge 40%

(CNBC) -- Starbucks swung to a loss during its fiscal third quarter as its same-store sales plunged 40% in the wake of the coronavirus pandemic.

Shares of the company rose more than 2% in extended trading.

Here’s what the company reported for the quarter ended June 28 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

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