Keep pulling the thread on Brian Niccol.
Starbucks' drive-through business generates well over $10 billion in annual revenue, a scale large enough to be a standalone Fortune 500 company.
Starbucks' leadership believes that consistently delivering comparable sales growth of 3% or better would be a world-class performance for a company of its scale.
Starbucks is targeting consistent revenue growth of 5% or better, with an objective for earnings growth to exceed that rate.
Starbucks has provided guidance that its profit margins will reach the 13% to 15% range by the year 2028.
Starbucks has invested between $500 million and $600 million to improve its labor experience.
Starbucks has identified a clear path to achieve nearly $2 billion in cost savings over the next two years while simultaneously growing revenue.
Starbucks has entered into a partnership to sell the majority of its business in China to the private equity firm Boyu Capital.
Starbucks and its partner Boyu Capital project they can expand their store count in China to between 15,000 and 20,000 locations.
Starbucks has a clear plan to add 5,000 new stores in the United States.
Starbucks' leadership believes there is a multi-billion dollar revenue opportunity in growing its afternoon business.
Starbucks' recent quarterly growth was primarily driven by an increase in customer transactions.
Starbucks attributes its positive results in the last quarter to initiatives like the Green Apron service model and a renewed focus on customer service.