During an investor meeting in December, the company reaffirmed its financial targets for fiscal year 2019. It is forecasting same-store sales growth near the lower end of the 3 to 5 percent range. It also expects revenue to grow by 5 to 7 percent and adjusted earnings per share between $2.61 per share to $2.66 per share.
Starbucks will also be releasing its holiday sales. Last year, those numbers disappointed investors, so the company trimmed back its holiday drink menu and merchandise and cut prices for its limited-time offerings.
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