The company reaffirmed its strategy for continued growth at scale while announcing an update on its ongoing growth model.
- 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
December 09, 2020 04:25 PM Eastern Standard Time
SEATTLE–(BUSINESS WIRE)–Starbucks (NASDAQ: SBUX) today hosted its biennial Investor Day virtually. Chief executive officer Kevin Johnson and other Starbucks leaders outlined a vision for the future and discussed the company’s progress against its Growth at Scale agenda. With a focus on creating…
