Starbucks takes $3 billion hit to revenue during pandemic

Starbucks took a virus-related revenue hit potentially exceeding $3 billion in its third quarter. The brewer said in a regulatory filing Wednesday that the virus outbreak also slashed its operating income between $2 billion and $2.2. billion as the virus raged. Starbucks was forced to close its stores to customers, but continued to operate pick-up and other services in most locations.