text: Starbucks Stock Is at Record Highs: Can Reopening Optimism Push It Even Higher? - seattlecommunitymedia.org
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  Interestingly, over 60% of Starbucks' 32,943 locations are in the U.S. and China. These countries are in the top tier of nations in terms of vaccinating their populations against COVID-19. As a result, they have been able to ease business restrictions and allow folks more things to do away from home.
  As of March 28, Starbucks' sales in the U.S. had recovered to pre-pandemic levels. And in its fiscal second quarter, sales in China rebounded by 91% from the same quarter the previous year. Unsurprisingly, economic reopenings are coinciding with sales growth at Starbucks.
  CEO Kevin Johnson shared his optimism: "I am very pleased with our progress to date in fiscal 2021, as our second-quarter results demonstrated impressive momentum in the business with full sales recovery in the U.S. Our strong results validate our ability to adapt to changes in our environment and the needs of our customers."
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  As the rollout of vaccines continues, Starbucks will be one of the beneficiaries. With more people vaccinated, businesses will start calling their workers back to offices. Perhaps on their way to work, folks will stop by a Starbucks to pick up a cup of Joe. That's a part of the business that has yet to recover.
  Further, after over a year of learning remotely, millions of students will be returning to college campuses later this year. Many campuses have a Starbucks location on site. A shot of espresso certainly helps when you're studying for exams.
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  View more information: https://www.fool.com/investing/2021/07/18/starbucks-stock-is-at-record-highs-can-reopening-o/