Starbucks (SBUX) introduced a five-year development plan

Market news

7 December 2016

Starbucks (SBUX) introduced a five-year development plan

Starbucks has introduced a five-year development plan prepared Investor Day.

According to the strategy, the company plans to increase revenue by 10%, the rate of earnings per share - 15-20%, as well as to open about 12 thousand new stores around the world (+ 48%, to 37 thousand in all) by 2021

SBUX shares fell in premarket trading to $ 57.04 (-0.70%).

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