Starbucks Executive Said We Expect Fiscal Year 2024 Global Comp Growth To Be 5% To 7% -Conf Call
Portfolio Pulse from Charles Gross
During a conference call, a Starbucks executive stated that the company expects its global comparable growth to be between 5% and 7% for the fiscal year 2024.
November 02, 2023 | 11:52 am
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Starbucks Corporation expects a 5% to 7% growth in global comparable sales for the fiscal year 2024.
The announcement of expected growth in global comparable sales by a Starbucks executive indicates a positive outlook for the company's performance in the fiscal year 2024. This could potentially lead to an increase in investor confidence and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100