Starbucks Opened 526 Net New Stores In Q3, Ending The Period With 39,477 Stores: 52% Company-operated And 48% Licensed
Portfolio Pulse from Benzinga Newsdesk
Starbucks opened 526 net new stores in Q3, ending the period with 39,477 stores, of which 52% are company-operated and 48% are licensed.
July 30, 2024 | 8:06 pm
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Starbucks opened 526 net new stores in Q3, ending the period with 39,477 stores, of which 52% are company-operated and 48% are licensed. This expansion indicates strong growth potential.
The addition of 526 net new stores in Q3 demonstrates Starbucks' ongoing expansion and growth strategy. This is likely to positively impact revenues and investor sentiment, leading to a potential short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100