Starbucks (SBUX) PT Raised to $115 at Jefferies
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Starbucks Outlines Vision for the Future and Reaffirms Strategy for Continued Growth at Scale, Updates Ongoing Growth Model Signaling Company is Stronger and More Resilient Than Ever
December 9, 2020 4:25 PM ESTReaffirms 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
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SEATTLE--(BUSINESS WIRE)-- Starbucks (NASDAQ: SBUX) today... More
