Overview Key strengths Key risks Significant scale advantages as the world's leading coffee retailer by revenue. Uneven post-COCID-19 pandemic recovery in certain regions, primarily China. Global brand recognition and strong customer loyalty. Exposed to commodity, labor, health care, and other operating-expense pressures. Leading digital capabilities within the restaurant industry. Accelerating shareholder returns. Strong track record of earnings growth. Starbucks reported strong operating performance for fiscal 2023 (ended Oct. 1, 2023) with revenue growth of 12% for the year and EBITDA growth of 18%, on the upper end of the company?s guidance. Strategic pricing and increased demand drove the ticket size increase, demonstrating the resiliency and strength of the brand. The global store count increased 7% in fiscal 2023, with roughly
