Starbucks CEO mentions capacity to double international stores and add 5,000 North American locations
SBUX Starbucks Corp
$109.44 +3.82%
View chart & analysis → - 1Starbucks Corp CEO Brian Niccol said there is capacity to double the number of international stores and add at least 5,000 stores in North America.
- 2The number of Starbucks coffeehouses worldwide ended fiscal year 2026 at 41,607.
- 3BofA raised its price target for Starbucks from $136 to $141.
So what's the key point?
The Starbucks CEO stated that the company can double its international stores and open many more locations in North America. Experts expect the stock to rise further and raised the price target to $141.
Source The Wall Street Journal +1 · View original ↗
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