Starbucks hikes long-term financial forecast as it unveils reinvention plan
PUBLISHED TUE, SEP 13 202211:43 AM Source: CNBC by Amelia Lucas Outgoing Starbucks CEO Howard Schultz said the coffee giant is projecting double-digit growth for revenue and earnings per share as it implements a strategy to reinvent its business. The company’s previous long-term forecast projected adjusted earnings per share growth of 10% to 12%, revenue