Wall Street is anticipating earnings per share of 34 cents on revenue of $5.89 billion, based on a survey of analysts by Refinitiv.
U.S. same-store sales fell about 3% during the quarter, while Chinese same-store sales plunged 50% in the same period, the company said in April. Sales in China have improved after the company started reopening cafes in February and consumers adapt to a new normal. In the United States, however, sales have been steadily worsening since March 12. The company limited orders to drive-thru or delivery only on March 21.as some U.S. states report that the number of new coronavirus cases has plateaued or even declined.
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now here I expect pretty good earnings...therefore stock should go down...
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