5 Things Starbucks Management Wants You to Know
Starbucks (NASDAQ: SBUX) recently closed the books on a fiscal year that, while setting profit and sales records, missed management's key targets. Revenue rose 7% to lag its double-digit goal, and earnings growth, at 11%, was below the 15% to 20% executives predicted at the start of the fiscal year.
CEO Kevin Johnson and his team held a conference call with analysts to discuss those results while issuing a new, more modest long-term outlook. Here are the key quotes from that presentation.
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Source: Fool.com