Starbucks: FY24 Guidance Will Be Grounded on Balance of Revenue Growth, Margin Expansion
Portfolio Pulse from Benzinga Newsdesk
Starbucks has announced that its FY24 guidance will be based on a balance of revenue growth and margin expansion.
November 02, 2023 | 10:04 am
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POSITIVE IMPACT
Starbucks' FY24 guidance will be grounded on a balance of revenue growth and margin expansion, which could potentially lead to increased profitability.
Starbucks' FY24 guidance focusing on revenue growth and margin expansion indicates a strategic approach to increase profitability. This could potentially lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100