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CLAIM #53234 · Starbucks Corporation (SBUX) · 2025Q2 earnings call · Apr 29, 2025 · due Sep 30, 2030

I have high confidence that we can double the store count as I've mentioned before.

Brian Niccol · CEO

PENDING
graded after results covering Sep 30, 2030 are reported

How to check this claim

Look at: Total company-operated plus licensed store count (global), as disclosed by Starbucks

It came true if: Store count >= 2x the store count reported at or near the time of this statement (fiscal 2025)

Where: Company-disclosed store count (10-K / annual report / quarterly earnings release)

In context

t want to double it with the right build at the right cost so that we can provide the right customer experience and the right partner experience. And so that's what we're working on right now. Actually, before I even hopped on this call, I had the opportunity to look at something that I think is pretty exciting for how we're going to have much better cost in what we build. But it takes a little bit of time to move that through the development pipeline, so that it shows up in market. But I love where the team is headed on the cost side of this. I also love where the team is headed on the design side of this. And then when you layer that in with, I think, a great third place, the right labor, staffing, deployment and some technology behind it to enable the speed and throughput that we want, I have high confidence that we can double the store count as I've mentioned before. Operator: Thank you. And your next question comes from Brian Harbour with Morgan Stanley. Please state your question. Brian Harbour: Yeah. Thanks. Good afternoon. Could you comment on just the menu simplification you did. I think the thought before was that, that wouldn't have too much of an impact on transactions and people sort of gravitate to other items. Is that in fact what you saw? And then you did sort of tease some other interesting things that could come over time from an innovation perspective. How do you sort of sequence those things? And how will you think about when is the right time for that? Brian Niccol: Yeah. Well, look, just on the transaction front, we still believe we're making the right decisions by simplifying because it frees us up to do what I believe is more like

Verify independently

SEC filings for SBUX · Claim quote is verbatim from the 2025Q2 earnings call.