Starbucks Plans to Open 12,000 New Stores by 2021

December 7, 2016

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Capping another record quarter, and year of growth and profitability, Starbucks hosted a biennial Investor Conference to present the company’s five-year strategic plan to grow revenue by 10 percent, EPS by 15 to 20 percent, and drive mid-single digit comp growth each year, as it plans to open approximately 12,000 new stores globally by 2021 while continuing to elevate the Starbucks Experience around the world.

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