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Stock impact report

Starbucks lays out 2028 targets as analysts highlight ‘beatable' goals [Yahoo! Finance]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
a clear strategy, achievable financial targets and early signs of operational progress. Bernstein said the long-term algorithm was “largely beatable,” citing the company's fiscal 2028 earnings per share range of $3.35 to $4. Analyst Danilo Gargiulo wrote that reaching the high end “would require Starbucks to consistently reach 3% comp and realizing all the $2B gross savings,” conditions the firm sees as “easily” attainable through store reinvention, innovation and digital initiatives. Bernstein said below-inflation pricing and minimal mix benefits in the guidance strengthen the case that Starbucks “could surpass its goals,” adding that food attachment and the expansion of the protein platform alone could lift checks by 6 percent to 9 percent over the next few years. Morgan Stanley said the event “offered something for both camps,” with financial targets that “generally brackets our own estimates.” Analyst Brian Harbour highlighted the company's ambition to re-establish itsel Show less Read more
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