Starbucks lays out 2028 turnaround: Revenue growth, new stores and AI-powered customization

executives really presenting Wall Street with their case that the turnaround is here. CEO Brian Nickel previewing financial targets, which is the moment that analysts have really been waiting for. So, in 2028, Starbucks now has plans for 2 to 3% revenue contribution from new stores, 2,000 more stores, including 400 here in the US.It also forecasts consolidated net revenues growing by 5% or more in fiscal year 28 and operational margins between 13.5% and 15% which means $3.35% to $4 a share by fiscal year 20 ...