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BRIEF-Starbucks Exec Says In 2023 Drive Thru Will Represent 45% Of International New Stores Outside Of China

BRIEF-Starbucks Exec Says In 2023 Drive Thru Will Represent 45% Of International New Stores Outside Of China

Reuters · 09/13/2022 14:47
BRIEF-Starbucks Exec Says In 2023 Drive Thru Will Represent 45% Of International New Stores Outside Of China

- Starbucks Corp SBUX.O:

  • STARBUCKS CORP EXEC - 75% OF ALL STORE OPENINGS WILL BE DRIVE THRU IN THE U.K. WHICH IS STARBUCKS'S FOURTH LARGEST INTERNATIONAL MARKET - INVESTOR DAY

  • STARBUCKS EXEC - IN FISCAL 2023 DRIVE THRU WILL REPRESENT 45% OF INTERNATIONAL NEW STORES OUTSIDE OF CHINA

  • STARBUCKS EXEC - OVER THE NEXT 3 YEARS, THE INTERNATIONAL SEGMENT WILL DELIVER GROWTH OF INTERNATIONAL STORE PORTFOLIO BY MORE THAN 30% TO GET US TO OVER 25,000 INTERNATIONAL STORES

  • STARBUCKS EXEC - THE INTERNATIONAL SEGMENT WILL ALSO SEE SYSTEM SALES GROWTH OF NEARLY 40%, AND PROFITS THAT WILL MORE THAN DOUBLE

Further company coverage: SBUX.O


((Reuters.Briefs@thomsonreuters.com;))