SBUX Starbucks Corporation

At its recently held Investor Day meet, multinational specialty coffee retailer Starbucks (NASDAQ:SBUX) announced a reinvention plan, with a new growth strategy in focus. Among those that emerged bullish after the meet was BTIG analyst Peter Saleh, who was particularly impressed with the company’s international growth strategy. New Strategy Indicates Promising Outlook for Starbucks The analyst recognized that Starbucks’ new growth plan is based on “unit development, digital strategy, international and store efficiency,” which makes the company’s outlook look "shockingly good." “The new financial targets were almost shockingly good, leaving us both impressed and slightly curious as to what the unlock was vs. previous outlooks,” Saleh said.
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