Starbucks says it sees better times ahead as stores reopen
By DEE-ANN DURBIN, AP Business Writer Starbucks' revenue shrank 38% in its most recent quarter but the coffee giant says it's recovering faster than expected as its stores reopen from coronavirus lockdowns. The Seattle-based company said Tuesday that it expects coronavirus-related losses to ease through the rest of this year. "We believe the worst is behind us," Chief Financial Officer Patrick Grismer