Starbucks Corp.

-0.52 (-0.61%)
5:22:09 PM EDT: $84.31 +0.13 (+0.15%)
Share Repurchases, Other Pre-Announcement, Earnings Announcements

Starbucks Enters New Era Of Growth Driven By An Unparalleled Reinvention Plan

Published: 09/13/2022 22:13 GMT
Starbucks Corp. (SBUX) - Starbucks Enters New Era of Growth Driven by an Unparalleled Reinvention Plan.
Starbucks Corp- Plans to Resume Its Share Buyback Yielding an Annual EPS Benefit of About 1%, Net of Incremental Interest, Beginning in FY 2024.
Starbucks Corp - Between Dividends and Share Buybacks, Company Expects to Return Approximately $20 Billion to Its Shareholders in Next Three Years.
Starbucks Corp- Globally, Starbucks Expects to Approach 45,000 Stores by End of 2025.
Starbucks Corp- is Well on Track to Reach Approximately 55,000 Stores by 2030, As Projected at Its 2020 Investor Day.
Starbucks - Introduces 3-year Financial Roadmap, Delivering Annual 7-9% Comparable Store Sales Growth, 10-12% Revenue Growth, 15-20% Non-GAAP EPS Growth.
Starbucks - Growing Starbucks Delivers Program in U.S. With Partnership With Doordash, Which Will Expand to National Scale Alongside Ubereats in Fiscal 2023.
Starbucks - Already Begun Rolling Out Clover Vertica Equipment to Stores and Expects It Will Be Fully Deployed to All U.S. Stores in Next Three Years.
Revenue is expected to be $8.33 Billion
Adjusted EPS is expected to be $0.72

Next Quarter Revenue Guidance is expected to be $8.79 Billion
Next Quarter EPS Guidance is expected to be $0.75

More details on our Analysts Page.