Key Takeaways Starbucks' strategic pricing and focus on core offerings aim to boost revenue through customer engagement and efficiency. Digital and operational investments target efficiency and customer experience, supporting store expansion and future revenue growth.

Key Takeaways Store growth plans to increase by 74% internationally, but only 12% in the US. Coffee demand is expected to be a tailwind for revenues longer term, growing at a stable 4.2%.

Key Takeaways Coffee consumption is still growing, and demand is inelastic Its brand strength means it can pass on higher costs to consumers SBUX will continue performing well domestically and globally Margins will slightly improve, despite pressure from cost increases The new CEO can stay on top of the risks of elevated debt, unionization issues, and foreign expansions. Catalysts Brand Strength and Inflationary Resilience Will Help Keep Revenue Predictable Since the stock market peaked, Starbucks scored six consecutive strong quarters showing minimal inflationary impact on its customer base in the core market (North America).