Starbucks (SBUX) sees near 40k locations outside US beyond FY28 and sees 15-20k new coffeehouses in China beyond FY28

Starbucks (SBUX) sees near 40k locations outside US beyond FY28 and sees 15-20k new coffeehouses in China beyond FY28.

Starbucks' expansion plan indicates a significant commitment to international growth, particularly in China, which suggests confidence in demand from that market. The projected addition of 15,000 to 20,000 new locations in China alone signals robust potential for revenue generation, likely strengthening the company's long-term outlook and appealing to investors seeking growth in consumer services.