Starbucks sees better-than-expected earnings for 2021

The coffee chain was forced to close many stores and limit operations to take-away and delivery at the height of the COVID-19 pandemic, but sales have since improved as consumers used the company's app to order and collect at stores.For the fourth quarter, comparable sales fell 9%, compared with Wall Street estimates of a 12.13% decline, as consumers picked up their morning coffee at cafes as they gradually returned to their daily routines.Chief Executive Officer Kevin Johnson said Starbucks' re