Starbucks Enters New Era of Growth Driven by an Unparalleled Reinvention Plan
In connection with its Reinvention plan, Starbucks introduced a framework for accelerated earnings growth over the next three years, underpinned by enhanced comparable store sales growth, increased store count growth, continued margin expansion, and disciplined capital allocation.
- In connection with its Reinvention plan, Starbucks introduced a framework for accelerated earnings growth over the next three years, underpinned by enhanced comparable store sales growth, increased store count growth, continued margin expansion, and disciplined capital allocation.
- Starbucks is a growth company, and our accelerated expansion is a direct reflection of the expected returns from our Reinvention plan, said Ruggeri.
- Starbucks also expects to continue robust store development in China, with net unit growth of approximately 13% annually.
- Starbucks now expects global revenue growth in the range of 10% to 12% annually from fiscal 2023 to fiscal 2025.