December 7, 2016 / 1:20 PM / 10 months ago

BRIEF-Starbucks plans to open about 12,000 new stores globally by 2021

Dec 7 (Reuters) - Starbucks Corp :

* Starbucks Corp - projects 10 percent revenue growth, 15-20 percent EPS growth and mid-single digit comp growth annually

* Starbucks Corp - plans to open approximately 12,000 new stores globally by 2021

* Starbucks Corp - remains on track to open more than 5,000 stores in China by 2021 and expects market will eclipse that in U.S. Over time

* Starbucks Corp - over next 5 years, Starbucks expects its channel development segment will generate an incremental $1 billion in revenue

* Starbucks presents its five-year plan for strong global growth fueled by a robust pipeline of innovation at biennial investor conference Source text for Eikon: Further company coverage:

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