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Can Starbucks Open Another 10,000 Stores in the U.S.? [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
The company made strides under the leadership of CEO Brian Niccol, who's been at the helm for a bit more than a year, and it has a roadmap toward a complete recovery. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » There were many updates about performance and strategy in the report and at the investors' day. Management provided an outlook through 2028, as well as a long-term view. One seemingly minor piece of information was that it sees the opportunity to open another 5,000 stores in the U.S. alone over the long term, and "as average unit volumes grow, that number could double over time." That implies that it still thinks it can open as many as 10,000 U.S. locations, in addition to the 18,360 stores it already operates in North America. Rather than continue opening new stores at a rapid pace, Starbucks has been much more deliberate about store openings in t
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