Edition:
United Kingdom

Starbucks Outlines Growth Agenda


Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Starbucks Corp ::STARBUCKS OUTLINES GROWTH AGENDA AND ANNOUNCES EXPANSION OF STARBUCKS DELIVERS IN U.S. AND CHINA AT 2018 INVESTOR CONFERENCE.ANNOUNCES LAUNCH OF STARBUCKS DELIVERS TO NEARLY A QUARTER OF U.S. COMPANY-OPERATED STORES WITH UBER EATS, BEGINNING IN 2019.STARBUCKS - AIMS TO EXPAND RETAIL STORE PORTFOLIO BY ABOUT 6% TO 7% NET NEW UNITS AND GROW SAME STORE SALES BY 3% TO 4%, GLOBALLY, EACH YEAR.REAFFIRMS FY19 TARGETS.STARBUCKS - LONGER TERM, STARBUCKS EXPECTS CONSOLIDATED REVENUE GROWTH OF 7% TO 9% AND NON-GAAP EARNINGS PER SHARE GROWTH OF AT LEAST 10%.FY2019 EARNINGS PER SHARE VIEW $2.65, REVENUE VIEW $26.10 BILLION -- REFINITIV IBES DATA.