Starbucks sees Q3 topline following normal seasonality

Says will “take time” for Back to Starbucks (SBUX) strategy to be fully implemented at all U.S. stores. Says mobilized cross-functional team to mitigate risks associated with tariffs where possible. Says majority of supply coming from Latin America. Says actively working on strengthening supply chain amid tariffs as needed. Says looking to shift merchandise production, which is largely done in China, to other sites.