Browse Tag

sales growth and margin expansion

Starbucks Outlines Vision for the Future and Reaffirms Strategy for Continued Growth at Scale

5 mins read

The FINANCIAL -- Updates Ongoing Growth Model Signaling Company is Stronger and More Resilient Than Ever. Reaffirms guidance supporting significant rebound in FY21. Signals outsized growth for FY22, with non-GAAP EPS growing more than 20%. Expects ongoing non-GAAP EPS growth of 10% to 12% in FY23 and FY24. Updates aspects of ongoing growth algorithm, including increasing ranges for global comparable store sales growth, revenue growth and non-GAAP operating margin. Affirms commitment to planet positive future with new investments in eco-friendly operations, regenerative agricultural practices and environmentally friendly menus…

Read More »

Starbucks Outlines Vision for the Future and Reaffirms Strategy for Continued Growth at Scale

5 mins read

The FINANCIAL -- Updates Ongoing Growth Model Signaling Company is Stronger and More Resilient Than Ever. Reaffirms guidance supporting significant rebound in FY21. Signals outsized growth for FY22, with non-GAAP EPS growing more than 20%. Expects ongoing non-GAAP EPS growth of 10% to 12% in FY23 and FY24. Updates aspects of ongoing growth algorithm, including increasing ranges for global…