Starbucks says customized beverages continue to be a differentiator
The Fly

Starbucks says customized beverages continue to be a differentiator

Sees "progressive" margin expansion in latter part of FY23. Says Covid headwinds in China expected to impact Q2. Sees operating margin decreasing in Q2 due to China. Expects China contribution to FY23 guidance to be lower than originally anticipated. Says overall FY23 guidance remains unchanged.

Published first on TheFly

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