Can Starbucks Open Another 10,000 Stores in the U.S.?

Starbucks (NASDAQ: SBUX) wowed the markets past week with its latest quarterly update. The institution made strides nether the enactment of CEO Brian Niccol, who's been astatine the helm for a spot much than a year, and it has a roadmap toward a implicit recovery.

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There were galore updates astir show and strategy successful the study and astatine the investors' day. Management provided an outlook done 2028, arsenic good arsenic a semipermanent view. One seemingly insignificant portion of accusation was that it sees the accidental to unfastened different 5,000 stores successful the U.S. unsocial implicit the agelong term, and "as mean portion volumes grow, that fig could treble implicit time." That implies that it inactive thinks it tin unfastened arsenic galore arsenic 10,000 U.S. locations, successful summation to the 18,360 stores it already operates successful North America.

Rather than proceed opening caller stores astatine a accelerated pace, Starbucks has been overmuch much deliberate astir store openings successful the pressured environment. Since the caller store number expected successful 2026 offsets store closures from past year, absorption is guiding for gross to turn astatine the aforesaid complaint arsenic comparable income this year.

It opened lone 128 nett caller stores successful the 2026 fiscal archetypal 4th (ended Dec. 28), ending the 4th with 41,118 stores globally. That includes 8,011 successful China, wherever it thinks it tin unfastened different 15,000 to 20,000 stores. In fact, it plans to treble its planetary store number to astir 40,000 stores.

Investors who deliberation Starbucks' accidental is saturated should deliberation twice. There's nary warrant that the institution volition scope those ambitions, but there's inactive a agelong maturation runway for the java store giant.

Before you bargain banal successful Starbucks, see this:

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