Coffeehouse giant Starbucks (NASDAQ: SBUX) announced on Sept. 1 that it hired Laxman Narasimhan to become its new CEO. He will take the helm next year from founder and three-time CEO of the chain, Howard Schultz, whose current stint has seen Starbucks facing issues relating to labor relations, rising costs, and a slow rebound in China, its second-largest market. 

But to ease investor worries, the company just released fresh long-term growth targets, dubbed the Reinvention Plan, to outline a path to drive improved financial performance for the business. And shareholders have a lot to consider before getting excited. 

With a new outlook, is it time to buy this top restaurant stock? Let's take a closer look. 

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Source Fool.com